January 28, 2016
January 28, 2016
Arlington, Va. — The Aerospace Industries Association urges Congress to approve the Trans-Pacific Partnership and increase international trade substantially in the Pacific Rim region. Nearly 40 percent of U.S. exports and imports are made with the countries participating in this agreement.
Statement by Aerospace Industries Association President and CEO David F. Melcher on the House voting to extend the R&D Tax Credit permanently.
Arlington, Va. — AIA welcomes the House vote to permanently extend the research and development tax credit which lapsed at the end of 2014. It provides an important incentive during these times of fiscal austerity for thousands of companies to make long-term investments in innovation and is critical to creating economic growth. Particularly at a time when DOD is actively seeking new sources of innovation, it’s imperative that we do everything in our power to incentivize companies in every sector to invest in innovative ideas and solutions.
Arlington, Va. – The aerospace and defense industry had a strong year in 2015, achieving a number of its top priorities. Despite a lengthy delay, the Export-Import Bank of the United States was reauthorized for four years; significant relief from the budget caps imposed under the Budget Control Act of 2011 was achieved for 2016 and 2017 with passage of the Bipartisan Budget Act of 2015; and there are hopeful signs that a year-long omnibus with an extension of the R&D Tax Credit will pass shortly.
Message from AIA President and CEO David F. Melcher:
Throughout my career, I’ve been privileged to work in organizations with well-defined cultures such as the U.S. Army, Office of Management and Budget, ITT and Exelis. In all of these groups, I’ve seen people from all levels work hard to align the organization’s vision, mission and values with bold strategic goals that are executable and achievable. As noted academic James Q. Wilson wrote about such cultures, “People did not always have to be told what to do; they knew what to do, and what is more important,…