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Articles by The Ferraro Group

NV selected as UAV development center

December 30, 2013

The Federal Aviation Administration (FAA) announced that Nevada has been selected as one of six locations to be a center for unmanned aerial vehicle (UAV) development in the United States. As a UAV development site, the most likely economic forecast shows that there could be thousands of jobs for UAS direct employees with an average wage of approximately $62,000; an estimated $2.5 billion in economic impact in present dollars; and an estimated $125 million in annual state and local tax revenue.


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