Welcome Guide 2024_FB

THE REGIONAL Economy

AEROSPACE Greater Oklahoma City is home to a robust aerospace industry, with 291 public and private aerospace companies employing over 43,000 workers. The majority of these jobs are in the public sector, with key employers including Tinker Air Force Base, the FAA Mike Monroney Aeronautical Center, and the Oklahoma National Guard. Recent investments and relocations further underscore the region's growing aerospace sector. Notably, The Boeing Company’s significant capital investments highlight Oklahoma City's potential for continued aerospace growth. Other notable aerospace companies expanding or relocating to the area include Pratt & Whitney, Kratos Defense and Security Solutions, Skydweller Aero, United Dynamics, and Wilder Systems. LIFE SCIENCE Oklahoma City is rapidly emerging as a leader in the Life Science sector, driven by groundbreaking research and innovation. The region is home to more than 560 bioscience businesses, employing more than 31,000 people. The Oklahoma City Innovation District, located near downtown, is a key hub for this growth. The district will soon be home to Convergence, a $700 million mixed-use development slated for completion in 2024, further cementing Oklahoma City's position as a thriving technology center.

The Greater Oklahoma City region has long been a center of entrepreneurship and opportunity, built by pioneers and innovative companies. Many of the city’s original settlers arrived with little more than determination and a desire to start fresh. Today, that same spirit of risk-taking, optimism, and community pride continues to drive Oklahoma City's dynamic business climate. To learn more about the region’s industries, visit ABetterLifeOKC.com/industries. For generations, Oklahoma City has been home to some of the nation’s most renowned energy entrepreneurs. However, as the city’s economy diversifies, its major industries have evolved. With the presence of Tinker Air Force Base, the aerospace sector remains a key driver of growth, while Oklahoma City’s investments in attractions and meeting spaces make it a top destination for global event planners. The city’s Innovation District, anchored by institutions focused on biomedical advancements, is fostering a healthier future for all. Oklahoma City's economy is expanding across multiple sectors, including aerospace, bioscience and healthcare, professional services, government, manufacturing, hospitality, and retail. This diversification is solidifying Oklahoma City’s position as a hub for both established industries and emerging sectors.

12 Oklahoma City Official Welcome Guide 2024

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