Aerospace & Defense Investment

AIA's Roadmap to Recovery

AIA's “Roadmap to Recovery” is a strategic action plan for how aerospace and defense companies can work with government leaders to recover from the COVID-19 crisis and emerge even more resilient on the other end. To better understand the crisis’ impact on the industry’s employees, companies, and its shared supply chain, AIA turned to Avascent, Boston Consulting Group, and McKinsey & Company for expert analysis. This independent research combined with comprehensive input and insi...

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AIA President & CEO: Congress Must Now Prioritize Full and Sustained Funding to Provide Stability for American Industry and Workers

Arlington, Va. — As the continuing resolution to fund the government through December 11 heads to the President’s desk to be signed into law, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement: “While avoiding a government shutdown is important, continuing resolutions undermine the certainty and consistency critical to America’s safety and security, particularly as this crisis continues. Aerospace and defense companies of all sizes...

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AIA Unveils “Roadmap to Recovery” to Guide A&D Industry’s Comeback

Arlington, Va. — Today, the Aerospace Industries Association (AIA) released its “Roadmap to Recovery,” a strategic action plan for how aerospace and defense companies can work with government leaders to recover from the COVID-19 crisis and emerge even more resilient on the other end. To better understand the crisis’ impact on the industry’s employees, companies, and its shared supply chain, AIA turned to Avascent, Boston Consulting Group, and McKinsey & Company for expert analys...

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2020 Facts & Figures: U.S. Aerospace & Defense

AIA is proud to publish its annual ‘Facts & Figures: U.S. Aerospace & Defense’ report, which has traditionally served as a year-in-review for industry statistics. This year’s installment not only provides a snapshot of our industry as it stood at the end of 2019, but also considers the impact of the pandemic on our industry in the first half of 2020. Explore our 2020 Facts & Figures report for more on A&D's contributions to America's economy, national security and innova...

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AIA Releases 2020 Facts & Figures Analysis

Facing one of the most challenging years on record, decade-long growth underscores the aerospace and defense industry’s vital role in U.S. economy, innovation, and national security Arlington, Va. — The COVID-19 pandemic and the subsequent dramatic decrease in global air traffic has presented the aerospace and defense (A&D) industry with an extraordinary challenge. Building on the success of 2019, it is a challenge our industry is poised to meet, according to “2020 Facts and Figures...

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AIA President and CEO Statement on Air Force GBSD Award

Arlington, VA - AIA President and CEO Eric Fanning released the following statement after the U.S. Air Force awarded Northrop Grumman Corporation a contract for the Engineering and Manufacturing Development (EMD) phase of the Ground Based Strategic Deterrent (GBSD) program: “Behind our nation’s strategic national security capabilities are the men and women of the defense industry. The GBSD program awarded today, which will involve more than 10,000 defense industry employees across America...

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Aviation Manufacturing Industry Coalition Calls for Targeted and Temporary Support to Help Protect American Jobs

Arlington, Va. – Today, a coalition representing the aviation manufacturing industry comprised of the Aerospace Industries Association (AIA), the Aeronautical Repair Station Association (ARSA), the General Aviation Manufacturers Association (GAMA), the National Defense Industrial Association (NDIA), and the International Association of Machinists and Aerospace Workers (IAM) announced their collective support for the bipartisan Aviation Manufacturing Jobs Protection Act of 2020 introduced by U....

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AIA President & CEO: Bipartisan NDAA Sustains Investment in National Security

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement applauding the passage of S. 4049, the National Defense Authorization Act for Fiscal Year 2021 (FY21 NDAA) in the U.S. Senate and H.R. 6395, the William M. Thornberry National Defense Authorization Act for Fiscal Year 2021 in the U.S. House of Representatives: “While America and the world have been focused on addressing a global pandemic, threats to our national s...

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AIA President and CEO Outlines Recommendations for Nation’s Recovery During 2020 Spring Board of Governors Meeting

Arlington, Va. – Today, the Aerospace Industries Association (AIA) virtually convened its 2020 Spring Board of Governors meeting, which brought together several leaders from aerospace and defense. As the industry continues to help lead the nation’s recovery from the COVID-19 crisis, AIA President and CEO Eric Fanning released the following statement: “As we plan for recovery, the needs of the American people and our economy are coming into sharper focus. The aid provided so far was help...

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AIA Announces VentConnect Online Platform to Scale the Production and Distribution of Ventilators

New portal developed with AdvaMed and Google connects ventilator component suppliers and manufacturers Arlington, Va. – Today, the Aerospace Industries Association (AIA) announced the launch of a new platform (www.VentConnect.org) to connect ventilator companies with component suppliers to help quickly scale production and distribution of these vital services. The new platform was developed with the Advanced Medical Technology Association (AdvaMed), Google, and other industry alliances a...

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AIA President and CEO: Planning and Preparation for Recovery is Critical to Ensuring the Nation’s Success

Arlington, Va. – Today, the U.S. House of Representatives passed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, to provide additional funding for hospitals, COVID-19 testing, and the Paycheck Protection Program (PPP) for small businesses. The legislation now heads to the President’s desk to be signed into law. Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement: “The American people are confronting this publi...

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AIA President and CEO: Stimulus Agreement is Critical Step Towards America’s Path to Recovery

Arlington, Va. – Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on the bipartisan agreement reached between Congress and the Administration to provide additional funding for hospitals, COVID-19 testing, and the Paycheck Protection Program (PPP) for small businesses: “This agreement is a critical step towards setting our country on the path to recovery. The aid for testing and hospitals is essential for our communities and ensuring th...

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