Radford, VA – Virginia Business recently published an article detailing that the Radford Army Ammunition Plant has secured an extended contract for operations through 2026. The contract is managed by BAE Systems, which is one of the largest Department of Defense contractors in the world.
In the article, Brian Gathright, vice president and general manager of BAE Systems Ordnance Systems Inc. explains the economic importance of the Radford plant to New River Valley residents saying,
“The Radford Army Ammunition Plant means a lot to our BAE Systems workforce, but also to the generations of families in our community that have kept the site running since World War II.”
BAE oversees about 3,000 employees in the region and has been the prime contractor for the operation of the Radford plant for the last decade. Through economic ups and downs, BAE has been able to keep a stable and consistent labor force throuought that time by showing employees the money. Brian Hamilton, Montgomery County’s director of economic development is quoted in the atricle saying,
“Radford Army Ammunition Plant employees receive higher than average manufacturing wages, which has a substantial economic impact on the region.”The article refers to a report by the Virginia Employment Commission, which states that “BAE ranks seventh among largest employers in the New River Valley behind powerhouses such as Virginia Tech, Volvo Group North America Inc., Radford University and Carilion New River Valley Medical Center.”
The City of Radford would likely look much different if it was there at all if not for the large impact of the ammunition plant. Kimberly D. Repass, the city’s director of economic development elaborates saying:
“Historically, the ammunition plant has been instrumental in developing and establishing neighborhoods and infrastructures here in Radford dating back to the 1950s.”
Learn more about advanced manufacturing in Virginia’s New River Valley here.
Learn more about the benefits of living and working in the NRV here.
Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.