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2019 Facts & Figures

Our “2019 Facts & Figures: U.S. Aerospace & Defense” analysis highlights an eight-year trend of sustained growth, culminating in 2018 sales exceeding $929 billion and a trade surplus of nearly $90 billion. This success was underpinned by innovative manufacturing and was felt across the supply chain, which grew to $459 billion in output – a […]

AIA Releases 2019 Facts & Figures Analysis

Data Shows Aerospace & Defense Continues to Support U.S. Economic and National Security, While Helping to Reduce the Federal Deficit Arlington, Va. — The U.S. aerospace & defense (A&D) industry continues to be at the heart of American economic success and reduced the federal trade deficit by 10% last year, according to “2019 Facts & […]

AIA Welcomes Confirmation of General Mark Milley as Chairman of the Joint Chiefs of Staff

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — Throughout his tenure as Chairman of the Joint Chiefs, General Dunford brought deep experience and principled leadership to the critically important role of commanding the men and women of the U.S. military and advising our nation’s top leaders. We are all grateful […]

AIA Urges Congress to Reauthorize the U.S. Export-Import Bank

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — Today, the Senate took a critical first step toward ensuring the U.S. Export-Import Bank can continue its vital work past September 30, the day the Bank’s authorization expires. The bipartisan bill introduced today by Senators Cramer, Sinema, Tillis, Blunt, Graham, Cantwell, Murray […]

AIA Applauds Budget Deal, Urges Action on FY2020 Appropriations

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — America has an ambitious agenda in the years ahead, including sending men and women back to the Moon, maintaining U.S. leadership in manned and unmanned aviation, and ensuring the U.S. military continues to be the strongest and best equipped in the world. […]

AIA Welcomes Confirmation of Mark Esper as Secretary of Defense

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — Since Secretary Mattis’ departure at the end of 2018, the Department of Defense has been without Senate-confirmed leadership in its top spot. We welcome the Senate’s action today to confirm Mark Esper as the 27th Secretary of Defense and provide critical stability […]

AIA Welcomes Confirmation of Export-Import Bank Nominees

Statement by Aerospace Industries Association President and CEO Eric Fanning on the Senate vote confirming the nominees for the Export-Import Bank of the United States Arlington, Va. — Today’s confirmation of Kimberley A. Reed as President, and Spencer Bachus III and Judith DelZoppo Pryor as Members of the Export-Import Bank’s Board of Directors, is a […]

AIA Welcomes Senate Move on Export-Import Bank Nominees

Statement by Aerospace Industries Association President and CEO Eric Fanning on the Senate vote to close debate on the nominees for the Export-Import Bank of the United States Arlington, Va. — The Export-Import Bank is a critical U.S. government tool for leveling the playing field against foreign competition for American exporters of all sizes. It’s […]

Global Competitiveness & Innovation

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2018 Facts & Figures

2017 was a very strong year for the aerospace and defense (A&D) industry. As you’ll see in the pages that follow, the companies that make up A&D – from manufacturers and designers to suppliers and service providers – are playing a significant and transformative role in the American and global economies. The A&D industry plays a critical role in securing America’s […]

Export-Import Bank

The Export-Import Bank: Invaluable to American Jobs The Export-Import Bank (Ex-Im) helps support 2.4 million jobs in America’s aerospace industry.   Ex-Im supports all levels of American manufacturing either directly or by creating substantial aftermarket opportunities after an initial export takes place   The Ex-Im Bank Supports American businesses at no cost to the U.S. […]