NEWS RELEASE

CONTACT: Trevor Johnson, Marketing and Communications Director Prince William County Dept. of Economic Development
Email: [email protected] | Phone: 703.792.7452

Prince William County Congratulates Woodbridge-based MAG Aerospace on Receiving the Governor’s Award for Excellence in International Trade

October 6, 2016 – Prince William County, Va. – Prince William County congratulates MAG Aerospace, a recognized leader in global aerial surveillance and situational awareness services, on receiving the 2016 Commonwealth of Virginia Governor’s Award of Excellence in International Trade. 

According to the announcement by Governor McAuliffe, the Governor's Award for Excellence in International Trade recognizes a Virginia business that has excelled in global trade. The enterprise receiving this annual award has increased its international sales, while promoting the best interests of its employees and the surrounding community. 

Speaking about the Award Ceremony held at the 68th Annual Virginia Conference on World Trade, Governor McAuliffe said, “MAG Aerospace’s success story is a wonderful example of a company that has experienced the effects of sequestration and saw an opportunity to diversify.”

“Virginia’s international trade programs provided the support the company needed to be successful globally.  This kind of international success is exactly what will help build a new Virginia economy, and I commend the MAG Aerospace team for their hard work and achievement,” he added.

Joe Fluet, CEO, MAG Aerospace shared, “Virginia’s VALET program was instrumental in our international sales success.  Even though we had already entered the global marketplace, our big move started with joining VALET and positioning ourselves to win longer duration service contracts.”

“We congratulate MAG Aerospace on their tremendous year of accomplishments.  It is truly exciting to watch a high-caliber company, like MAG Aerospace, go from strength-to-strength right here in Prince William County,” said Jeffrey A. Kaczmarek, Executive Director of the Prince William County Department of Economic Development.  “We are committed to supporting its future growth,” he added.

“I congratulate MAG Aerospace on this impressive award for accomplishments in international trade. We are fortunate in the Commonwealth to have outstanding programs that help our companies navigate the global marketplace and bring revenue back to Virginia. MAG Aerospace is one of more than 220 Virginia companies that have graduated from VEDP’s award-winning VALET program and realized great success in the international marketplace,” shared Todd Haymore, Virginia Secretary of Commerce and Trade.

As recently reported in the Potomac Local, MAG Aerospace takes on the world’s most difficult problems and pursues business from the military, U.N. and NATO, all while working in more remote and non-permissive areas across the globe.  The region took notice of MAG Aerospace earlier this year when Fluet took home a 2016 SmartCEO Future 50 Award.  Later this month, the Washington Business Journal will recognize MAG Aerospace as one of the 50 Fastest Growing Companies in the Washington region. 

Today, more than 8,000 businesses operate in Prince William County.  The County is a premier business location in the Northern Virginia region within the National Capital Area.  Leading incentive programs increase competitive advantages for small-, medium- and large-business operations.  To learn more from the Prince William County Department of Economic Development sign-up to receive email newsletters or follow us on Twitter @PWCDED.

About MAG Aerospace

Founded in 2009 and headquartered in Woodbridge, Va., MAG Aerospace has a global reputation for excellence in providing aerial surveillance and situational awareness services that make the world smaller, safer, and less uncertain.  In 2012, when faced with the pressures of sequestration, MAG Aerospace turned to the global marketplace, which offered increasing demand for its capabilities. The company recognized the opportunity to win longer-term international contracts, which would provide more certainty and stability than intensely competitive and shorter-term U.S. Department of Defense contracts.  For more information about MAG Aerospace, visit https://magaero.com.

NOTES TO EDITORS:

  • Located less than 20 miles from the nation’s capital, Prince William County encompasses a total area of 348 square miles.
  • Prince William County is the 2nd largest and 4th fastest growing county in the Commonwealth of Virginia.
  • Prince William County’s favorable blend of large land parcels, multi-use zoned sites, incentives, reliable power and ample fiber optic availability coupled with the lowest programmable computer taxes in the region, make it an ideal location for businesses seeking a location in the Mid-Atlantic region. 
  • 75% of Northern Virginia’s 1.5 million workers live within a 30 minute one-way commute to the center of Prince William County during rush hour.
  • Prince William County provides access to an outstanding talent pool of highly-skilled, culturally diverse labor; 42% of the workforce has 4-year degrees.
  • Prince William County carries a AAA bond rating from all three of the major credit ratings agencies (Fitch, Moody’s and S&P).

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The Prince William County Department of Economic Development offers services to support and promote existing business expansion and attract new businesses to PWC. For more information, the Department of Economic Development can be reached via email at [email protected], via phone at (703) 792-5500, or via fax at (703) 792-5502.