§ 2.2-2203.2 Strategic plan
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.
History
This law was first created in 2012. The record of its establishment is cataloged in chapters 779 and 817 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2017, chapter 633.
2012, cc. 779, 817; 2017, c. 633.