AIA Welcomes House Vote to Reauthorize ExIm Bank

Statement by Aerospace Industries Association President and CEO David F. Melcher on the passage in the House of a bill reauthorizing the Export Import Bank of the United States.

Arlington, Va. — Today’s passage of Rep. Fincher’s (R-Tenn.) bill in the House marks an important step in reauthorizing the Export Import Bank of the United States.

AIA: Defense Related Associations Join to Overturn Budget Caps

Statement by Aerospace Industries Association President and CEO David F. Melcher on Defense Related Associations joining to urge Congress to pass a two-year budget deal.

Arlington, Va. — Today, in a spirit of cooperation, the heads of twelve Defense Related Associations joined to send a letter urging Congress to pass a two-year budget deal offsetting budget caps under the Budget Control Act of 2011.  Such a deal would avoid the disruptions inherent in a full-year continuing resolution and provide adequate resources for our military to conduct today’s missions and prepare for the next crisis.

Research & Defense Groups: Budget Caps Risk National Security and Medical Research Priorities

Joint Statement by the Aerospace Industries Association, the National Defense Industrial Association, Research!America and United for Medical Research urging Congress to raise budget caps restraining vital investments in national security and medical research.

Arlington, Va. — Today the Aerospace Industries Association, the National Defense Industrial Association, Research!America and United for Medical Research joined to send Congress a letter urging all of America’s elected representatives in the House and Senate to work together to move forward with responsible funding of our national security and medical research priorities.  The letter states “We must base spending priorities on current and future threats and opportunities, or American security, prosperity, and global leadership will be compromised.  Among these priorities are preserving global stability, defending our homeland and fighting diseases that rob Americans of life, health, independence and time.”

AIA: ExIm Discharge Petition Most Welcome; Time to Vote!

Statement by Aerospace Industries Association President and CEO David F. Melcher on the passage of a discharge petition allowing Congress to hold a vote to reauthorize the Export Import Bank of the United States.

Arlington, Va. — We are delighted with today’s passage of a discharge petition on Rep. Fincher’s (R-Tenn.) bill reauthorizing the Export Import Bank of the United States. So far, American companies have lost three space payload orders, billions of dollars in American commercial airplane sales are at risk, and several companies are talking about moving operations overseas – all because ExIm Bank financing has not been available since July 1.  Enough is enough – Congress must hold the vote and reauthorize the Export-Import Bank.

AIA: The U.S. aerospace industrial base is running out of time

Statement by Aerospace Industries Association President and CEO David F. Melcher urging Congress to hold a vote to re-authorize the U.S. ExIm Bank.

Arlington, Va. — With the news today that a $1.1 billion order for Boeing jetliners by a South African airline is at risk of cancellation, and the recent announcements of three lost U.S. commercial satellite sales, it is clear that the failure of Congress to re-authorize the U.S. Export-Import Bank is causing the American aerospace industry to lose ground against its foreign competitors, and potentially thousands of workers to lose their jobs.