Okaloosa County’s Shoal River Ranch Gigasite recognized with prestigious ‘Select Site’ distinction by CSX Railroad
Posted February 20, 2024
Okaloosa County’s Shoal River Ranch Gigasite has joined an elite group of locations across the country as a “Select Site” at the Bronze Level by CSX Railroad, the leading supplier of freight transportation in North America. Shoal River Ranch is one of 19 sites nationwide that received “Select Site” status which positions the County to attract significant economic development.
DLA Long-Term Contract Awarded to Veteran-Owned Small Business On-Point Defense Technologies
Posted September 28, 2023
On-Point Defense Technologies announced it has been awarded a new long-term contract (LTC). This Enterprise Contract between the Defense Logistics Agency (DLA) and On-Point Defense Technologies (On-Point) is an Indefinite Delivery Requirements Type Contract (IDRC) with Fixed Price and Prospective Price Redetermination for support of consumables and Depot Level Reparables (DLRs) to support weapon system components manufactured and repaired by On-Point including, but not limited to, the Improved Bradley Acquisition Subsystem (IBAS). The Umbrella-type contract has an 8-year duration with the DLA Contracting Office in Huntsville administering the basic contract. The ceiling of this contract is $400,000,000.00.
Leading Transformer Manufacturer Central Moloney, Inc. Selects Okaloosa County, Florida for New Manufacturing Facility
Posted July 13, 2023
Central Moloney, Inc., (“CMI”) headquartered in Pine Bluff, Arkansas, announced the selection of Okaloosa County, Florida for a new, state-of-the-art manufacturing facility that will specialize in producing pad-mounted electrical transformers.
Gulf Air Group Slated to Undertake Significant Expansion at Crestview’s Bob Sikes Airport
Posted September 20, 2022
One Okaloosa EDC announced today that Gulf Air Group, Inc. has selected Crestview’s Bob Sikes Airport for a competitive expansion project. The anticipated $16,000,000 investment will be applied toward the construction and equipping of a new, state-of-the-art aircraft hangar complex totaling 70,000 SF. Along with the investment, the company has committed to hiring 55 individuals at an average wage of $89,000 (179% of Okaloosa County’s average wage). These positions are in addition to the 102 employees the company currently employs in their existing facility at Bob Sikes Airport.
Kay Rasmussen Appointed to Florida Defense Support Task Force
Posted September 13, 2022
One Okaloosa EDC is pleased to announce that Representative Chris Sprowls, Florida Speaker of the House, has appointed Kay Rasmussen, Associate Director, One Okaloosa EDC, to the Florida Defense Support Task Force for a four year term of service.
Regional Defense Support Initiatives Committee Launches MilitaryFriendlyNWF.com
Posted July 26, 2022
The Defense Support Initiatives (DSI) Committee, a standing committee of One Okaloosa Economic Development Council (EDC), announced today the launch of www.MilitaryFriendlyNWF.com – a new website designed to showcase efforts to promote and advocate for the national security value of area military installations and their contributions to the economic vitality of Okaloosa, Walton, and Santa Rosa Counties.