This news even made it to Aviation Week Magazine's blog.
Why ST Aero Chooses Florida
http://aviationweek.com/blog/why-st-aero-chooses-florida?NL=AW-05&Issue=AW-05_20140912_AW-05_973&YM_RID='email'&YM_MID='mmid'&sfvc4enews=42&cl=article_6
Why Pensacola, when VT Systems already operates big MRO facilities in Mobile, Alabama and in San Antonio, Texas? Mobile itself operates out of eight hangars and isn't too far away from Pensacola.
Two of the big reasons: The city of Pensacola will construct the hangar complex and lease it to VT Mobile Aerospace Engineering for 30 years--so there's some economic incentive. And, two, the Mobile facility is running close to capacity--so this will serve as a satellite facility--yet leverage Mobile's resources and scale.
This definitely has to fall in the "win" category for Ashton Hayward, especially if the company could be around for 30 years.