The construction contract awarded by the state for a $1,931 million balloon frame manufacturing facility in Okland has been awarded to a company that manufactures balloon frames for NASA, the state said Tuesday.
The contract was awarded to JSC Industries Inc., which is based in Tulsa, Oklahoma.
JSC said the company is the first in the country to be awarded a construction contract for a balloon frame assembly facility.
The $1 billion contract was originally awarded to the U.S. Army in March 2016, but the Army recently dropped out of the project.
A $1 million state subsidy was initially awarded to help finance the project, but that was canceled in January, according to a report by The Oklahoman.
The Oklahoma Department of Commerce announced the award of the contract in a news release Tuesday.JSC Industries was initially supposed to be paid a $2.3 million incentive payment in the second quarter of 2021, but it was delayed by the Army and canceled earlier this month, the news release said.
The company said it was “disappointed” with the delay.
The U.K. has also awarded a $4.2 million contract to Jsc to produce balloon frames.