Aerospace & Defense Investment

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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AIA President and CEO: More Help is Needed to Support Small Businesses in the Supply Chain

Arlington, Va. – Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on the need to increase support for the aerospace and defense industry’s supply chain: “Small businesses in our supply chain are the lifeblood of our industry. The best way to keep them whole is to keep them safe and working. Cash flow is the key to doing both. The tools and resources federal leaders already approved have been a powerful aid to these businesses ...

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AIA: FCC Must Protect GPS Network That Underpins American Economic and National Security

Arlington, Va. – The aerospace and defense industry relies on L-band satellite communications and location services to ensure national security and safe, efficient, and reliable air travel. The Aerospace Industries Association (AIA) released the following statement on Federal Communications Commission (FCC) Chairman Ajit Pai’s proposed approval of Ligado Networks’ application to reallocate L-band spectrum: “New technology is vital to America’s economy, national security, and to our ...

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AIA Applauds Senate Passage of Coronavirus Stimulus Package, Urges House to Pass the Bill

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on the U.S. Senate’s passage of H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act: “This comprehensive package prioritizes public health and safety, laying out a roadmap for relief and recovery for the American public and U.S. economy. It provides critical tools to help our employees, small businesses, supply chain, and industrial base navigate ...

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AIA President and CEO to American Leaders: Put Politics Aside and Help Our Country Move Forward

Arlington, Va. — As the Administration and Congress develop an economic stimulus package to respond to the COVID-19 pandemic, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement: “Public health and safety are essential, but so are tools to help our employees and businesses bridge the gap created by COVID-19. It is essential for American leaders from both parties and at every level to put politics aside and take immediate action to help ou...

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AIA Presents Inaugural “The Wright Stuff Award” to Representative Mac Thornberry

Arlington, Va. — The Aerospace Industries Association (AIA) honored U.S. Representative Mac Thornberry (R-Texas), Ranking Member of the House Armed Services Committee, as the inaugural recipient of “The Wright Stuff Award” at a Capitol Hill reception on February 26. Representative Thornberry’s leadership and policy contributions to America’s national and economic security during his 25 years in Congress are extensive and notable. “For more than two decades, Congressman Thornberry ...

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AIA Statement on President’s FY2021 Budget Request

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — As the Administration and Congress work together to develop the Fiscal Year 2021 budget, the Aerospace Industries Association (AIA) urges critical investments in the civil aviation, defense, and space technologies that will ensure American security and global competitiveness now and in the future. “Sufficient and stable funding is the backbone of manufacturing and innovation, and our competito...

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AIA: NASA Authorization Bill Propels American Leadership in Space Forward

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — The introduction of the National Aeronautics and Space Administration (NASA) Authorization Act of 2020 is a vital part of supporting and sustaining American leadership in space and aeronautics. “NASA is a critically important organization that is leading us into the future. It not only conducts cutting-edge research, but also drives our economy and inspires the next generation of American work...

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AIA Urges Congress to Use Spending Package as Roadmap for Regular Order in FY21

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — The Aerospace Industries Association (AIA) welcomes the bipartisan Fiscal Year (FY) 2020 consolidated appropriations bills (H.R. 1158 and H.R. 1865) passed by Congress. By finalizing all 12 appropriations bills for the fiscal year, Congress has averted another costly continuing resolution or shutdown, which harm our economy and undermine a properly functioning federal government. “Passing full...

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