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AEROSPACE

INDUSTRY PROFILEAerospace

for Arapahoe & Douglas Counties

AEROSPACEThe aerospace cluster includes companies that develop a complete spectrum of products and systems for commercial, military, and civil space applications. Colorado’s aerospace companies provide research and development, design, and manufacture of guided missiles, space vehicles, satellites and other communications equipment, and navigation and detection instruments. Companies in the aerospace cluster also produce planetary spacecraft and launch systems, and provide mission support.

The breadth and depth of the aerospace cluster is rooted in support from four military commands, eight major space contractors, National Aeronautics and Space Administration (NASA) research activities, and several universities involved in extensive space research. The state’s wealth of talent, research assets, and synergy between industry, commercialization, research, and workforce development supports its position as a space industry leader. Colorado has 140 businesses classified as aerospace companies, and more than 400 companies and suppliers providing space-related products and services. Direct employment in the aerospace cluster totals 25,150 private sector workers and approximately 29,960 military personnel. These nearly 55,120 workers in the aerospace cluster support an additional 114,690 workers in all industries throughout Colorado, bringing direct and indirect employment supported by the aerospace cluster to 169,810 workers.

A number of the state’s key aerospace businesses and facilities are located in the Denver South region. The Denver South region is well positioned between the diverse mix of Department of Defense military installations in Colorado Springs, Buckley Air Force Base in the eastern metro area, and several renowned research entities across the nine-county Metro Denver and Northern Colorado region. Aerospace employment in the Denver South region represents 22 percent of all aerospace employment in the nine-county region.

The Denver South region consists of zip codes 80111, 80112, 80124, 80126, 80129, 80130, 80134, and 80237.

The nine-county Metro Denver and Northern Colorado region consists of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Jefferson, Larimer, and Weld Counties.

- Denver South Economic Development Partnership

National Rankings

Background

1 50

#8

Source: QCEW Employees, Non-QCEW Employees, Self-Employed & Extended Proprietors - EMSI 2014.2 Class of Worker

AEROSPACE

Top Employment Concentrations by County

County 2014 JobsAverage Worker

Earnings

Jefferson County, CO 8,323 $135,710 4.78

Arapahoe County, CO 1,507 $102,653 0.55

Adams County, CO 1,016 $103,867 0.71

Denver County, CO 505 $68,216 0.15

Douglas County, CO 417 $82,317 0.46

Broomfield County, CO 371 $215,024 1.30

Park County, CO 10 $32,458 0.28

Clear Creek County, CO <10 - 0.15

Elbert County, CO <10 - 0.11

Gilpin County, CO - - -

National Location Quotient

Employment Concentrations


This map show where the highest concentration of employment are in the aerospace sector, by county, within the metro Denver area.

2

AEROSPACE AEROSPACECompetitive Wage AnalysisThis table shows employment within metro Denver in the top 20 occupations in the sector. Regional wage ranges and the median wage are shown, with yellowed cells indicating where wage offers may have to land to attract and retain qualified candidates based on labor supply (applicants per job opening).

Description

Accountants & Auditors

Secretaries & Admin Assistant, Except Legal, Medical & Executive

Electronics Enginers, Except Computer

Software Developers, Systems Software

Computer Hardware Engineers

Software Developers, ApplicationsMedical Scientists, Except Epidemiologists

Biological Technicians

Mechanical Engineers

Business Operations Specialists, All Other

Industrial Engineers

Aerospace Engineers

Purchasing Agents, Except Wholesale, Retail & Farm ProductsAtmospheric & Space Scientists

Machinists

General & Operations Managers

Electrical Engineers

Chemists

Electrical & Electronic Equipment Assemblers

Executive Secretaries & Executive Admin Assistants

SOCCode

13-2011

43-6014

17-2072

15-1133

17-2061

15-1132

19-1042

19-4021

17-2141

13-1199

17-2112

17-2011

13-1023

19-2021

51-4041

11-1021

17-2071

19-2031

51-2022

43-6011

2014Jobs

27,287

35,812

3,178

7,106

1,292

13,717

787

1,872

3,250

25,552

1,566

2,049

4,042

142

2,239

26,017

2,758

945

1,652

10,232

Average Wage

$34.91

$17.74

$40.66

$46.14

$46.30

$42.74

$29.21

$22.24

$39.60

$34.05

$43.02

$53.92

$33.12

$48.95

$19.39

$60.98

$41.70

$33.76

$15.58

$25.13

AvailableApplicants

232

545

73

172

41

346

35

89

186

706

95

82

169

9

132

1,396

180

107

176

1,597

Annual Openings

1,318

980

110

225

52

421

42

95

169

611

82

66

133

7

87

833

103

39

49

218

ApplicantsPer Job

Openings

0.18

0.56

0.66

0.76

0.79

0.82

0.83

0.94

1.10

1.16

1.16

1.24

1.27

1.29

1.52

1.68

1.75

2.74

3.59

7.33

MedianWage

$32.02

$17.46

$38.91

$45.89

$44.68

$42.38

$25.63

$20.91

$37.99

$31.81

$41.81

$50.58

$30.41

$48.58

$19.28

$52.16

$39.65

$32.48

$14.42

$24.27

10th Percentile

Wage

$20.86

$11.49

$25.08

$29.26

$27.59

$26.57

$18.40

$14.83

$23.05

$16.47

$28.18

$30.76

$20.80

$28.66

$11.66

$26.44

$24.61

$16.78

$8.78

25thPercentile

Wage

$25.32

$14.08

$30.67

$36.89

$36.14

$33.24

$20.92

$16.81

$29.48

$22.92

$34.25

$38.70

$24.45

$37.05

$14.32

$35.96

$31.32

$24.01

$10.98

75thPercentile

Wage

$41.14

$21.37

$50.50

$55.93

$55.09

$52.04

$34.12

$26.81

$47.93

$42.46

$51.14

$61.09

$38.95

$61.38

$23.74

$78.28

$51.20

$43.16

$17.87

$28.72

90thPercentile

Wage

$51.64

$25.04

$62.17

$65.92

$67.38

$61.65

$45.21

$32.96

$60.58

$53.84

$62.01

$77.60

$46.51

$70.68

$28.00

$112.84

$62.73

$53.79

$23.99

$34.79


$17.21 $20.17

4

AEROSPACE Industry Growth


2014 Jobs

AnnualGrowth

Rate

2015 Jobs

2016 Jobs

2017 Jobs

2018 Jobs

2019 Jobs

Change

NationalLocationQuotient

2012Establish-

ments

2013Establish-

ments

Establish-ment

Changefrom 2012

Nonferrous Forging

NAICS Code 332112

14

(1.4%)

14

14

13

13

13

(1)

0.20

-

1

1

43

(8.8%)

36

31

28

25

24

(19)

0.08

7

6

(1)

74

5.4%

79

84

88

91

94

20

0.42

5

5

0

111

6.7%

121

130

137

143

148

37

0.46

3

3

0

173

6.4%

187

199

210

220

228

55

0.83

3

3

0

215

(5.3%)

196

181

170

161

158

(57)

(2)

0.45

10

8

This table shows projected yearly job growth through 2019, as well as establishment growth from 2012 through 2013. The National Location Quotient shows the relative concentration of employment in this industry in the metro Denver area versus the national average. So, for Cable and Other Subscription Programming you would read, “employment is 3.75 times more concentrated in metro Denver than the national average.”

241

(1.4%)

235

230

227

224

224

(17)

0.38

13

13

0

249

1.9%

256

262

266

270

273

24

0.26

30

31

1

460

0.9%

462

466

470

475

480

20

1.37

30

30

0

492

13.5%

569

639

703

762

823

331

1.32

17

18

1

753

4.0%

773

799

829

861

902

149

0.63

10

9

(1)

3,977

3.7%

4,176

4,344

4,490

4,620

4,709

732

(14)

0.89

162

148

Radio & TV Broadcasting & Wireless

Communications Equipment

ManufacturingNAICS Code

334220

Aluminum Foundries

(except Die-Casting)

NAICS Code 331524

Iron & Steel Forging

NAICS Code 332111

Optical Instrument

& Lens Manufacturing

NAICS Code 333314

Plate Work Manufacturing

NAICS Code 332313

Electroplating, Plating,

Polishing, Anodizing &

ColoringNAICS Code

332813

Surgical Appliance & Supplies

ManufacturingNAICS Code

339113

Transportation Equipment &

Supplies (-Motor Vehicle) Merchant

WholesalersNAICS Code

423860

All Other Tele-communications

NAICS Code 517919

Search, Detection, Navigation, Guidance,

Aeronautical & Nautical System

& Instrument Manufacturing

NAICS Code 334511

5,362

(1.8%)

5,234

5,124

5,026

4,938

4,873

(489)

0

9.98

8

8

Research & Development

in the Physical, Engineering & Life Sciences

(except Biotechnology)

NAICS Code 541712

Guided Missile & Space Vehicle Manufacturing

NAICS Code 336414

AEROSPACE Hidden Job Market

Weak Medium Strong

Occupation (SOC)

Avg Monthly Postings (Nov

2011 - Jan 2015

Industrial Engineers 209 68 0.33

Electrical Engineers 167 106 0.63

Software Developers, Applications 825 643 0.78

Medical Scientists, Except Epidemiologists 38 36 0.95

Mechanical Engineers 121 131 1.08

Logisticians 58 70 1.21

Purchasing Agents, Except wholesale, Retail & From Products 110 202 1.84

Electronics Engineers, Except Computer 61 115 1.89

Software Developers, Systems Software 134 323 2.41

Accountants & Auditors 600 1,535 2.56

Hires Per Listing

Aerospace Engineers 17 62 3.65

Sales Representatives, Wholesale & Manufacturing, Except Tenical & Scientiic Products 265 1,076 4.06

Biological Technicians 18 80 4.44

General & Operations Managers 338 1,635 4.84

Electrical & Electronic Equipment Assemblers 23 127 5.52

Aircraft Mechanics & Service Technicians 14 78 5.57

Business Operations Specialists, All Other 222 1,276 5.75

Inspectors, Testers, Sorters, Samplers & Weighers 30 191 6.37

Machinists 21 135 6.43

Secretaries & Admin Assistants, Except Legal, Medical & Executive

295 2,285 7.75

Avg Monthly Hires (Nov 2011

- Jan 2015

This chart shows the relationship between the number of job listings versus the number of hires for each of the top occupations in the sector.

If there are more listings than hires, it means that the job requires specific skills and credentials, and so most openings for that occupation are listed. An example is the intensive care registered nurse. Thus, it is more important for a candidate to have the required skills, credentials and experience than merely being an effective personal networker.

If there are more hires than listings, it means that most people in those occupations are finding jobs through networking rather than looking at job listings. These are occupations where people with effective personal networking skills have the edge.

Occupations with medium strength of hidden job market require both the necessary skills and credentials, and effective personal networking on the part of the job seeker.

6

AEROSPACE Top JobsTop Jobs Currently Listed in the Metro Denver, Last 120 Days

Computer Systems Analysts

Occupation Code15112100Volume

42Volume Prior Year

52

Management Analysts


45Volume Prior Year

32

Web DevelopersOccupation Code

15113400Volume

39Volume Prior Year

27

Computer System Engineers/Architects


37Volume Prior Year

48

Information Security Analysts


34Volume Prior Year

18

Network & Computer Systems

AdministratorOccupation Code

15114200Volume

128Volume Prior Year

125

Software Developers, Applications


68Volume Prior Year

61

Computer User Support Specialists


68Volume Prior Year

77

Information Technology Project

ManagersOccupation Code

15119909Volume

46Volume Prior Year

53

Marketing Managers


45Volume Prior Year

38

Managers, All Other


30Volume Prior Year

23

Retail SalespersonsOccupation Code

41203100Volume

28Volume Prior Year

39

Software Developers, Systems

SoftwareOccupation Code

15113300Volume

23Volume Prior Year

7

Sales Representatives,

Services, All OtherOccupation Code

41309900Volume

23Volume Prior Year

20

Software Quality Assurance Engineers & Testers


20Volume Prior Year

11

Source: Wanted Analytics

Sales Representatives, Wholesale &

Manufacturing, Technical & Scientific Products


20Volume Prior Year

14

Customer Service Representatives


19Volume Prior Year

14

AccountantsOccupation Code

13201101Volume

18Volume Prior Year

26

Geoscientists, Except Hydrologists & GeographersOccupation Code

19204200Volume

18Volume Prior Year

2

First-Line Supervisors of Office & Admin Support Workers


18Volume Prior Year

59

AEROSPACE Staffing Patterns

Postsecondarynon-degree

Aircraft Mechanics & Service Technicians

SOC Code: 49-30112014 Jobs: 1532019 Jobs: 139

Change: (4)%Change: (9%)

%of Industry: 1.3%2013 Median Hourly

Earnings: $29.49

Doctoral or Professional

Degree

Medical Scientists, Except Epidemiologists

SOC Code: 19-10422014 Jobs: 1832019 Jobs: 219Change: 42366%Change: 20%


Earnings: $25.63

This table shows projected yearly job growth through 2019, as well as establishment growth from 2012 through 2013. The National Location Quotient shows the relative concentration of employment in this industry in the metro Denver area versus the national average. So, for Cable and Other Subscription Programming you would read, “employment is 3.75 times more concentrated in metro Denver than the national average.”

Bachelor’sDegree

Aerospace EngineersSOC Code: 17-2011

2014 Jobs: 8772019 Jobs: 845Change: (32)

%Change: (4%)%of Industry: 7.2%

2013 Median Hourly Earnings: $50.58

Software Developers, Systems SoftwareSOC Code: 15-1133

2014 Jobs: 3382019 Jobs: 365

Change: 27%Change: 8%


Earnings: $45.89

Biological TechniciansSOC Code: 19-4021

2014 Jobs: 3342019 Jobs: 375



Earnings: $20.91

Mechanical EngineersSOC Code: 17-2141

2014 Jobs: 3252019 Jobs: 324



Earnings: $37.99

Software Developers, Applications




Earnings: $42.38

Industrial EngineersSOC Code: 17-2112

2014 Jobs: 2432019 Jobs: 246



Earnings: $41.81

High School or equivalent

Business Operations Specialists, All Other




Earnings: $31.81

MachinistsSOC Code: 51-4041

2014 Jobs: 2372019 Jobs: 232



Earnings: $19.28

Purchasing Agents, Except Wholesale,

Retail & Farm ProductsSOC Code: 13-1023

2014 Jobs: 2202019 Jobs: 212



Earnings: $30.41

Inspectors, Testers, Sorters, Samplers

& WeighersSOC Code: 51-9061

2014 Jobs: 2112019 Jobs: 217



Earnings: $22.13

Sales Representatives, Wholesale &

Manufacturing, Except Technical & Scientific

ProductsSOC Code: 41-4012

2014 Jobs: 2002019 Jobs: 209



Earnings: $27.24

Secretaries & Admin Assistants, Except Legal, Medical &

ExecutiveSOC Code: 43-6014

2014 Jobs: 1832019 Jobs: 204



Earnings: $17.46

Electrical & Electronic Equipment Assemblers




Earnings: $14.42

High School or equivalent continued

General & Operations Managers




Earnings: $52.16

Electrical EngineersSOC Code: 17-2071

2014 Jobs: 2002019 Jobs: 202



Earnings: $39.65

Accountants & Auditors




Earnings: $32.02

LogisticiansSOC Code: 13-1081

2014 Jobs: 1662019 Jobs: 173


%of Industry: 1.4%2013 Median

Hourly Earnings: $31.11

Electronics Engineers, Except

ComputerSOC Code: 17-2072

2014 Jobs: 1582019 Jobs: 180



Earnings: $38.91

Bachelor’s Degree continued

Source: QCEW Employees, Non-QCEW Employees, Self-Employed & Extended Proprietors - EMSI 2014.2 Class of Worker8

AEROSPACETop Ten

Skills1 UNIX

2 Information Security

3 Citrix

4 Linux

5 Microsoft Active Directory

6 Vmware Software

7 Information Assurance

8 Enterprise Services

9 System Architecture

10 NetApp Appliances

Certifications1 Top Secret Sensitive Compartmented In-

formation (TS SCI)2 DOD Clearance

3 Cisco Certified Network Associate (CNNA)

4 Cisco Certified Internetwork Expert (CCIE)

5 Project Management Institute (PMI)

6 HAZMAT

7 Certified Information Systems Security Pro-fessional (CISSP)

8 Cisco Certified Network Professional (CCNP)

9 Certified Survey Technician (CST)

10 Telecommunications (TCM)

Companies1 Raytheon Corporation

2 Level 3

3 Geological Survey

4 Sprint Corporation

5 Ball Aerospace

6 Lockheed Martin

7 Leidos

8 Time Warner

9 IDC Technologies Inc.

10 National CineMedia

Online Listing Sources1 JobNetwork

2 US.jobs

3 Monster

4 CareerBuilder

5 LinkedIn

6 DICE

7 Job Target

8 Clearance Jobs

9 Jobing

10 CareerBoard

Below are the top ten skills, certifications, companies and online listing resources in the aerospace industry.


AEROSPACE

25-34 19.9%

0.2%14-18

19-24 3.3%

35-44 20.8%

45-54 32.5%

55-64 20.0%

65+ 3.3%

This age band graph shows the percentage of each age group currently in the aerospace industry workforce.

Age Bands & Volume

Volume

Age Bands

This graph shows the week over week volume.

Source: EMSI Complete Employment 2014.2


0

20

40

60

80

100

120

140

160

180

200

10

AEROSPACE

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