Aerospace and Defense

Aerospace

The aerospace and defense sector in New Hampshire comprises approximately 10,500 direct employees and another roughly 13,300 indirect or supply chain employees, offering an average annual earnings of $112,000, which is well above the state's all-industry average of $82,673.  The New Hampshire aerospace and defense industry is responsible $3.96 billion in gross regional product (GDP) annually with direct production of $2.2 billion in GDP and $1.8 billion in indirect or supply chain GDP. The total economic footprint of the industry is $7.5 billion annual total economic output from contracted services, intermediate production, and supply chain spending. 3.6% of the state’s GDP is from aerospace and defense and 1st in exports for the state. The long-term growth rate of 4% is driven by U.S. defense spending, expansion in the private sector, and reshoring of manufacturing.