KODIAK -- Craig E. Campbell can take the word "acting" off his job title.

KMXT reports the Alaska Aerospace Corp. board announced Monday that Campbell is the permanent choice to be president and chief executive officer.

Campbell, a former Alaska lieutenant governor, was named to the acting post in summer when Dale Nash became the executive director of the Virginia Commercial Space Flight Authority.

Board chairman Pat Gamble says Campbell will provide leadership and entrepreneurship during a tough time for the corporation. It reported a loss of $7 million last year, and 20 percent of its workers in Kodiak were laid off.

Campbell says they are working diligently to schedule more launches. Right now, there isn't one scheduled until 2014.