Code of Virginia (Last Updated:July 28, 2020) |
TITLE 2.2. Administration of Government |
SUBTITLE I. Organization of State Government |
PART D. State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies |
CHAPTER 22. Authorities |
ARTICLE 2. Commercial Space Flight Authority |
SECTION 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. |