CODE OF VIRGINIA

STRATEGIC PLAN (§ 2.2-2203.2)

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: 2012, cc. 779, 817; 2017, c. 633.