Lawrence, KS – According to the statement, these funds will cover up to half of the payroll costs at 313 companies.
Officials say that these funds will help save up to 22,500 jobs.
According to the Transportation Department, the air travel plummeted due to the spread of COVID-19 and more than 100,000 aerospace jobs have been lost in an industry that had employed about 2.2 million people.
The largest recipient is Spirit AeroSystems, a Boeing supplier based in Kansas, which stands to get $75.5 million that the government says will help protect 3,214 jobs.
Parker-Hannifin Corp. of Ohio will get $39.7 million.
The avionics unit of Japan’s Panasonic, based in California, will get $25.8 million.
According to the state officials, the funds for the aerospace companies is coming from a $1.9 trillion package approved by Congress and signed by President Joe Biden in March.