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Navajo Nation moves forward with aircraft plant deal


The Navajo Nation will move forward with a $34 million deal to host an aircraft parts plant despite a warning issued by two state agencies in New Mexico.

The agencies questioned whether the tribe would be getting a fair share for its investment. They also cited past problems with the finances of Utilicraft Aerospace Corp.

The tribe has agreed to invest the first $1.25 million but no money has changed hands, a spokesperson for Navajo Nation President Joe Shirley Jr. said.

Get the Story:
Navajos Proceed on 'Risky' Plane Deal (The Albuquerque Journal 2/3)

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Navajo Nation warned about aircraft plant deal (01/24)
Navajo Nation to consider aircraft parts plant (12/13)