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Colorado Springs, the largest city in Colorado, is known for its robust economy and innovative companies. The city’s economy is primarily driven by the defense and aerospace industries. The presence of military installments in Colorado Springs fuels these industries significantly. The diverse concentration of manufacturing companies has also influenced Colorado Springs’s economy over the past many years. Known as the ‘Olympic City of USA,’ Colorado Springs is known for its sports. The U.S Olympic Committee is headquartered in the city as well. Besides this, IT and cybersecurity, healthcare, and tourism are other drivers of growth.
Colorado Springs is a global leader in the aerospace and defense industry. It boasts an excellent aerospace innovation and research environment. Some of the leading companies are Northrop Grumman, Lockheed Martin, and Braxton Science & Technology Group. The world headquarters of the Space Foundation is also based in the city.
Colorado Springs’s reputation as a manufacturing hub has stimulated its economy significantly. The city manufactures a diverse range of products, from medical devices and aviation parts to automobile and metal products. Colorado Spring hosts industry leaders, such as Lockheed Martin, Trine Aerospace, Advantage Manufacturing, and Springs Fabrication.
IT and cybersecurity are other prominent industries in the city. Some of the leading technologies in information technology, satellite communications, and cybersecurity firms are based in Colorado Springs. The National Cybersecurity Center is also housed in the city.
The city is a national epicenter for the sports industry. Colorado Springs hosts the National Strength and Conditioning Association, USADA, and U.S. Olympic Committee. Besides this, several sports product manufacturers and training companies are located within the region. These include SRAM Corporation, RockShox, and MBS Mountain Boards.
Healthcare and medical technologies contribute considerably to Colorado Springs’s economic growth. There are many research institutes, hospitals, insurance companies, and manufacturers of medical devices. Dpix, Aspen Pointe, Children’s Hospital Colorado, and UCHealth Memorial Health System are prominent names within this sector.
The low cost of living and its business, innovation, and diversified economy are some of the reasons why job seekers are drawn to Colorado Springs. Whether you are looking for employment or business opportunities, this is the place to be. The city’s next-gen industries and digital technology stimulate job growth. According to Forbes, the city experienced a 2.2% job growth in 2018. It occupied the third spot in the ranking of ‘Best City to Find a Job’ by WalletHub (2019).
Besides its economy, Colorado Springs is known for its natural beauty, vibrant arts and culture, and outdoor activities. Whether you are an ardent music addict, theatre-lover, foodie, or an aspiring artist, there are countless things to do and explore in the region. The city is home to museums, performing arts venues, restaurants, and bars. The standard of living offered by Colorado Springs makes it one of the most desirable places to live in the US, according to the US News, 2018.
Colorado Spring has many diverse industries, providing excellent employment opportunities. The aerospace and defense industry is the primary employer, with many leading companies. These include Lockheed Martin, Northrop Grumman, Raytheon Company,
Northrop Grumman, Lockheed Martin, and Braxton Science & Technology Group, LLC, and Polaris Alpha Advanced Systems, Inc.
You can also find jobs in manufacturing companies, such as Trine Aerospace, Springs Fabrication, Parker Hannifin, Advantage Manufacturing, Qualtek Manufacturing, and Sierra Nevada Corporation. There are also employment opportunities in the IT and cybersecurity companies. These include Keysight Technologies, Cherwell Software, Polaris Alpha, and Baecore.
You can work in the sports industry, as well. USADA, SRAM Corporation, RockShox, and MBS Mountain Boards are leading companies. Colorado Springs is also a world leader in the healthcare sector. Dpix, Aspen Pointe, Centura Health’s Penrose-St. Francis Health Services, Children’s Hospital Colorado, and UCHealth Memorial Health System are important employers.