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Otto Aviation Group Gets $20M Incentives for facility.

City of Jacksonville logoCity of Jacksonville
Disclosed value
$20,000,000
From agenda
Document date
Jun 3, 2025
Term
20 years

The 30-second brief

What it covers

An economic development agreement with Otto Aviation Group, LLC, with a total investment of $430,000,000. This includes a 20-year REV Grant not to exceed $20,000,000 for a manufacturing facility.

Who holds it

Otto Aviation holds this economic development agreement contract with City of Jacksonville. Its other public contracts on record include work for Duval County.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Economic Development Agreement
Amount
$20,000,000
Document date
June 3, 2025
Term
20 years
Vendor
Otto Aviation
Agency
City of Jacksonville
Source document
city-of-jacksonvilleagenda2025-06-03_a81.pdf (Agenda)

Otto Aviation's other public contracts

City of Jacksonville, OregonOtto Aviation Group Secures $20M Economic Dev Grant · Jun 10, 2025$20MCity of Jacksonville, OregonOtto Aviation Group Receives $20 Million REV Grant · Jun 3, 2025$20MCity of Jacksonville, OregonOtto Aviation Group secures $20M REV Grant · Jun 3, 2025$20MDuval County, FloridaCity Partners with Otto Aviation for Development · Jun 3, 2025City of Jacksonville, GeorgiaOtto Aviation Group Receives $20M incentive for New Facility · Jun 3, 2025$20MAll Otto Aviation contractsVendor profile

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Questions about this contract

Who was awarded the economic development agreement contract by City of Jacksonville?

Otto Aviation was awarded this economic development agreement contract by City of Jacksonville, as recorded on June 3, 2025. The contract value is $20,000,000.

How much is the Otto Aviation contract with City of Jacksonville worth?

The Otto Aviation contract with City of Jacksonville is valued at $20,000,000, covering economic development agreement work.

What type of contract is this?

This is a Economic Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-jacksonvilleagenda2025-06-03_a81.pdf (Agenda), dated June 3, 2025 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Otto Aviation hold?

Otto Aviation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Jacksonville currently buying?

Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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