Industry Issues Archive

U.S. Rocketry Students Soar at International Championship

London — Five students from Odle Middle School in Bellevue, Washington, took first place in the International Rocketry Challenge at the 2016 Farnborough International Airshow on July 15. The U.S. team, sponsored by the Raytheon Company (NYSE: RTN), bested teams from the United Kingdom, France and Japan. This is the second straight year a team from the United States claimed the international title.

Aerospace Association Picks Indiana for Conference

FARNBOROUGH, England (July 12, 2016) – Today at the 2016 Farnborough International Airshow (FIA), the Aerospace Industries Association (AIA) announced plans to host its Supplier Management Council conference in Indianapolis in the spring of 2018. Presented in partnership with Rolls-Royce and the state of Indiana, the conference will attract industry leaders and showcase Indiana’s growing aerospace and aviation industry.

SUPPLY CHAIN IS UNSUNG HERO OF THE U.S. AEROSPACE & DEFENSE ECONOMY

New data finds supply chain generates majority of U.S. A&D exports; foreign A&D customers crucial to American manufacturing

Foreign Trade: Supporting America’s Manufacturing Base

The U.S. Aerospace & Defense industry generated a record $142 billion worth of exports in 2015, which is an increase of 62% over the past five years. Exports of supply chain products, specifically civil and military engines and parts, accounted for 58% or $78 billion of total U.S. A&D exports in 2014.

2016 Executive Report Second Quarter

June 27, 2016

2016 Executive Report First Quarter

April 5, 2016

AIA Chairman Marillyn A. Hewson at Summer SMC meeting

Aerospace Industries Association Supplier Management Council Summer Meeting in Fort Worth, Texas, Tuesday, June 14, 2016.
Marillyn A. Hewson, AIA Chariman and Chairman, President and Chief Executive Officer of Lockheed Martin Corporation
Remarks AS PREPARED

AIA Pursuing Opportunities to Brief Presidential Candidates

Arlington, Va. — The Aerospace Industries Association participated in a meeting today with the Trump campaign to brief Mr. Trump on issues of importance to our industry. As the Voice of American Aerospace and Defense, AIA’s role is to educate our elected leaders, candidates for office and the general public on the importance of our industry to our economy and national security. AIA has also been in contact with the Clinton campaign regarding a similar opportunity to brief Secretary Clinton.

Washington Students Take Home Gold in World’s Largest Rocket Contest

Arlington, Va. – The Space Potatoes rocketry team from Bellevue, Washington, bested 100 of the top student rocketry teams in the country to claim first place at the 2016 Team America Rocketry Challenge (TARC) National Finals.

The five-student team outscored nearly 5,000 students on 789 teams that participated in this year’s competition from all 50 states, the District of Columbia and the U.S. Virgin Islands. The Space Potatoes, comprised of Mikaela Ikeda (12), Larry Jing (13), Karl Deerkop (14), Srivatshan (Sri) Sakthinarayanan (13) and Stephanie Han (13), were awarded more than $20,000 in scholarships and funds for their school.

AIA Welcomes Passage of Miscellaneous Tariff Bill

Arlington, Va. — AIA welcomes the passage of H.R. 4923, the American Manufacturing Competitiveness Act of 2016. Also known as the Miscellaneous Tariff Bill, it passed both chambers with nearly unanimous bipartisan support. We strongly urge President Obama to sign the bill and pass it into law.