Arlington, Va. (June 23, 2022) – Today, the Aerospace Industries Association (AIA) President and CEO Eric Fanning issued the following statement after the U.S. House of Representatives Committee on Armed Services passed the National Defense Authorization Act (NDAA) for Fiscal Year 2023:
“Strong bipartisan votes in support of increased investment in our national security and the defense industrial base that helps enable it sends a clear and unified signal at home and abroad that America’s defense and deterrence remains a top priority for the United States.
“National security requires enduring and predictable investment. It’s not just money – although resources are vitally important – our defense bill must also include sound policies to maximize the potential of that investment. AIA stands ready to work with Congress to address any concerns we have with the legislation.
“Record-high inflation is sapping the Department of Defense’s buying power and adding pressure to industry’s workforce, supply chain, and operations, which remain stressed from the pandemic. Swift floor consideration of the defense bills in both the House and Senate is more crucial than ever.”