Jim Wooten

With Riverhead’s nod, CAT set to soar in Calverton

By GREGORY ZELLER // A development team with big plans for a reinvigorated Long Island aerospace industry spread its wings Wednesday night, soaring straight toward its long-desired nest. Calverton Aviation & Technology, a 2017 LLC formed by partners Luminati Aerospace and Triple Five Worldwide Group, was deemed “qualified and eligible” by the Riverhead Community Development Agency, clearing the runway for a $40 million, 1,643-acre purchase agreement previously negotiated by Luminati and the Town of Riverhead….