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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Virginia Code Title 2.2. Administration of Government § 2.2-2203.2. Strategic plan - last updated January 01, 2025 | https://codes.findlaw.com/va/title-2-2-administration-of-government/va-code-sect-2-2-2203-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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