- Advocacy & Policy
- Research Center
It has often been said that “imitation is the sincerest form of flattery.” However, when imitation crosses the line to counterfeiting, it falls directly into the realm of fraud and deception.
Throughout history, counterfeiters have attempted to deceive the public for monetary gain by copying art masterpieces, forging currency, fabricating bogus “designer” watches and purses and producing fake electronic parts.
For the aerospace and defense industry, counterfeiting may have real life and death consequences. Stakeholders from industry and government are working together to reduce the introduction of counterfeit parts into the defense and aerospace supply chain and to minimize their impact and protect intellectual property rights. However, the most important objective is to ensure the safety and security of the end-users – the traveling public and the U.S. armed forces.
Read more at the Washington Business Journal.
© 2011 Washington Business Journal