California's share of the space market -- from satellites to rockets -- is greater than any other region of the nation or world, according to a report released Monday.
California accounts for 44 percent of the U.S. space market, and 21 percent of the global market, contributing more than $76 billion in total economic impact and more than 370,000 jobs, the report by the California Space Authority, a Sacramento-based industry group, said.
Boeing Co.'s El Segundo satellite factory and Northrop Grumman Corp.'s Space Park facility in Redondo Beach are major players in the space business.
California receives $9.8 billion of the U.S. Department of Defense's $18.5 billion space budget.
The industry contributes $31 billion in revenue to the California economy, creating 71,000 direct jobs and 300,000 indirect jobs. That amounts to $19 billion in wages.
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