An economic impact analysis projects more than one million American jobs could be lost as a result of defense budget cuts if the deficit reduction select committee fails to reach agreement on alternative balanced budget solutions and total cuts to defense reach $1 trillion.
Dr. Stephen S. Fuller, Dwight Schar Faculty Chair, University Professor and Director, Center for Regional Analysis at George Mason University and Economic Modeling Specialists Inc. (EMSI) conducted the analysis on behalf of the Aerospace Industries Association. “Our analysis reveals bleak outcomes for both the defense industry and the economy as…
Testimony to the House Armed Services Committee
Panel on Business Challenges Within the Defense Industry
Frederick M. Downey
Vice President National Security, Aerospace Industries Association
Monday, October 24, 2011
Registration for the world’s largest student rocket competition is open now through November 30. The Team America Rocketry Challenge will accept up to 1,000 student teams in grades 7-12 from any U.S. school, home school or non-profit youth organization.
Sponsored by the Aerospace Industries Association, this year’s rocket contest challenges teams of three to 10 students to design and build a rocket that will climb to 800 feet with a payload of two raw eggs and stay aloft for 43 to 47 seconds. The eggs must then return to earth unbroken. The 2012 contest…
Jim Albaugh, Chairman, Aerospace Industries Association
President and CEO, Boeing Commercial Airplanes
Keynote address to AeroSpace and Defence Industries Association of Europe
Friday, October 7, 2011