An Air Force space control squadron based in New Mexico will move to Peterson Air Force Base this year, bringing with it 90 active-duty positions, Air Force Space Command announced Thursday.

The 4th Space Control Squadron at Holloman Air Force Base, N.M., will co-locate with Peterson Air Force Base's 76th Space Control Squadron, according to a Space Command news release.

They are "like units with similar missions" and will "occupy a purpose-built facility for space control missions in Air Force Space Command."

The move will "reduce annual training and sustainment costs and allow both units to train, evaluate, work together and share resources," according to the release.

The move will entail the relocation of "approximately 90 active-duty positions and mission equipment." The move is slated to begin this month and be completed by December, according to the release.

The transfer of nearly 100 personnel could mean the addition of 45 to 90 jobs in the Colorado Springs metro area, said Tom Binnings, a senior partner with Summit Economics.

While the impact isn't substantial, "it will probably help compensate for some of the losses that may be occurring among contractors at Peterson or enlisted as well," Binnings said. "At the end of the day, it may be helping sustain our current levels of employees and military in the area."

The relocation is proof positive of "the desirability of Air Force assets in Colorado Springs," he said.

"That's encouraging, and hopefully that trend continues as we see efforts to achieve efficiency without loosing effectiveness in the military."

Andrew Merritt, chief defense industry officer for the Colorado Springs Regional Business Alliance, echoed Binnings' sentiment.

"This further cements our reputation as the space capital for the country," Merritt said. "It's great news."