Oklahoma § 74-5003.12 - Aerospace Commerce Economic Services Act – Purpose –
Full text of Oklahoma Oklahoma Statutes § 74-5003.12 — Aerospace Commerce Economic Services Act – Purpose –, with citation guidance and answers to common questions.
§ 74-5003.12. Aerospace Commerce Economic Services Act – Purpose –
Aerospace and Defense Industry Integrator.
A. This act shall be known and may be cited as the “Aerospace
Commerce Economic Services Act”.
B. There is hereby created within the Oklahoma Department of
Commerce, the Aerospace Commerce Economic Services (ACES), whose
purpose shall be to create a partnership of service providers to
more effectively respond to the needs of the aviation, aerospace and
defense industries in the areas of education and training, research,
and economic development. ACES will focus available resources to
promote cooperation and collaboration among businesses,
manufacturers, military installations, commercial aviation,
educational institutions, nonprofit research institutions and state
government for the purpose of strengthening the economy of this
state. Contingent upon the availability of funds, the Oklahoma
Department of Commerce may employ established program processes or
may contract with other qualified entities to operate ACES. The
Oklahoma Department of Commerce shall partner with the Oklahoma
Department of Aerospace and Aeronautics to implement the provisions
of this section.
C. ACES is designed to coordinate and integrate the various
aerospace resources that currently exist within state and local
agencies. The primary goal of ACES is to establish a common
statewide strategy for the growth of the Oklahoma aerospace
industry. ACES will focus the collective aerospace resources, all
or new aerospace resources, to achieve one or more of the following
objectives into an integrated, coordinated statewide effort that
will:
1. Increase contracts between companies in the aviation,
aerospace and defense industries in this state and the Department of
Defense and its prime contractors;
2. Create and retain more high-wage, high-skill jobs;
3. Strengthen collaborations between businesses and aviation,
aerospace and defense interests;
Oklahoma Statutes - Title 74. State Government
4. Reduce the flow of federal defense contract dollars out of
state;
5. Expand the aviation, aerospace and defense industries in
this state;
6. Provide engineering and technical assistance;
7. Provide more suppliers for Oklahoma military installations
and the aviation, aerospace and defense industries;
8. Reduce costs for the Department of Defense and Oklahoma
military installations and increase the competitiveness of aviation,
aerospace and defense businesses in this state;
9. Create and align goals to grow aerospace business to a top
industry in this state by providing a forum to bring agencies,
industry and government together;
10. Enhance Oklahoma’s supply chain utilization in the industry
to fill existing gaps in supplier networks;
11. Develop a recruitment strategy to attract new businesses
that reside or have a presence in this state; and
12. Create a forum for all aerospace stakeholders in this state
to come together to pool ideas and resources to advance aerospace in
the state. State aerospace stakeholders include but are not limited
to Federal Aviation Administration, Oklahoma Department of Veterans
Affairs, Tinker Air Force Base, all Oklahoma military installations,
chambers of commerce, Oklahoma Space Industry Development Authority,
Oklahoma Department of Commerce, Oklahoma State Regents for Higher
Education, Oklahoma Department of Aerospace and Aeronautics, federal
Small Business Administration, Unmanned Aerial Systems Cluster
Initiative of Oklahoma and Kansas, Oklahoma Manufacturing Alliance,
Oklahoma CareerTech, Oklahoma Center for the Advancement of Science
and Technology, Unmanned Systems Alliance of Oklahoma, Unmanned
Aerial Systems Council and Oklahoma Bid Assistance Network.
D. ACES shall establish an Aerospace and Defense Industry
Integrator. The integrator shall be used to engage key players from
the government, academia and other key stakeholders to create an
industry-wide vision and strategic map that details a plan to
enhance the industry. The integrator shall initiate the following
activities:
1. Assessing the current state of the industry, developing and
defining a vision for the future of the industry;
2. Identifying supplier network gaps and developing solutions
to fill those gaps;
3. Identifying funding requirements and developing funding
opportunities; and
4. Establishing ongoing mechanisms to monitor activities and
devising a process that includes the development and reporting of
metrics to track and manage ongoing progress.
E. In order to streamline the use of resources with the goal of
eliminating duplication of efforts, ACES shall act as a facilitator
Oklahoma Statutes - Title 74. State Government
for the collection and sharing of information and activities
concerning the aviation, aerospace and defense industries. ACES
shall provide coordination and assistance for the plans and
activities of state agencies, task forces, departments, boards,
commissions and other entities that have responsibilities or duties
regarding the aviation, aerospace and defense industries with the
goal of eliminating duplication of effort.
F. ACES shall support and foster the growth of the aviation,
aerospace and defense industries. ACES shall acquire aerospace
executive expertise and provide consulting services to the aviation,
aerospace and defense industries, government agencies and
organizations across this state in order to strengthen the policy
framework, economic development initiatives and activities of the
state.
G. ACES may accept funding that includes, but is not limited
to:
1. Monetary contributions;
2. Contractual arrangements;
3. In-kind services;
4. Federal- and state-appropriated dollars;
5. Private and public foundation grants; and
6. Fee-for-service products.
Added by Laws 2018, c. 278, § 1, eff. Nov. 1, 2018. Amended by Laws
2023, c. 126, § 26, eff. Nov. 1, 2023.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-5003.12
What does Oklahoma Statutes § 74-5003.12 cover?
Section 74-5003.12 ("Aerospace Commerce Economic Services Act – Purpose –") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 74-5003.12?
A common citation format is "Oklahoma Statutes § 74-5003.12" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 74-5003.12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.