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Company Plans To Build Phantom 3500 Business Jet At Cecil Airport The city of Jacksonville issued a permit for Otto Aerospace to build a production facility at Cecil Airport (VQQ), the former Naval Air Station, according to local news reports. The permit for the hangar at 6105 Flightline Road is for 59,130 square feet of demolition at a project cost of $500,000. Balfour Beatty Construction LLC is the contractor. Otto, based in Texas, announced in June 2025 that it would establish a manufacturing and production facility to build its Phantom 3500 business jet at Cecil Airport. The company was known then as Otto Aviation but changed its name in September 2025.