Va. Code § 2.2-2203.2

Current with changes from the 2024 legislative session through ch. 845

Section 2.2-2203.2 - Strategic plan

Every four years the Executive Director shall present to the Board for its consideration and adoption a strategic plan for the Authority for at least the next six years. Such plan shall include the following:

1. An analysis of the current operating performance of the Authority and trends in the aerospace industry;

2. An analysis of the Authority's economic benefit and expected future performance over the term of the plan;

3. An analysis and identification of opportunities to expand the Authority's market share in sectors of the aerospace industry in which the Authority is active;

4. An analysis and identification of opportunities to expand the Authority's operations into other sectors of the aerospace industry and other adjacent industries;

5. An implementation strategy based on the analyses required by subdivisions one through four;

6. A capital plan to support the implementation strategy; and

7. The establishment of performance indicators to be used for the Authority covering the term of the plan.

Va. Code § 2.2-2203.2

2012, cc. 779, 817; 2017, c. 633.

Amended by Acts 2017 c. 633, § 1, eff. 7/1/2017.