AEROSPACE & DEFENSE INVESTMENT

AIA President & CEO Applauds Confirmation of Secretary of Homeland Security Alejandro Mayorkas

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement congratulating Alejandro Mayorkas on his confirmation by the U.S. Senate to be Secretary of Homeland Security: “Today, the Senate took an important step toward ensuring our country’s continued security with a bipartisan vote to confirm Secretary of Homeland Security Alejandro Mayorkas. “Secretary Mayorkas brings extensive government experience that will se...

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AIA, Deloitte Study: US Advanced Air Mobility Market Could Reach $115B by 2035

Defined national strategy could create 280,000 jobs in budding commercial aircraft sector Arlington, Va. — The market for advanced air mobility (AAM) in the United States is estimated to reach $115 billion annually by 2035, potentially creating more than 280,000 jobs, according to a report released today by the Aerospace Industries Association (AIA) and Deloitte. The report, “Advanced Air Mobility: Can the U.S. Afford to Lose the Race?” discusses how U.S. aerospace and defense (A&...

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AIA President & CEO Statement on Congressional Override of President Trump’s Veto of the FY21 National Defense Authorization Act

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on the congressional override of President Trump’s veto of H.R., 6395, the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021: “Today, Congress sent a clear, bipartisan message to the American people and our servicemembers: the importance of our national security rises above politics. The aerospace and defense industry rem...

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AIA President & CEO Statement on President Trump’s Veto of the FY21 National Defense Authorization Act

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on President Trump’s veto of H.R., 6395, the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021: “There is no more essential duty for the American government than to ensure the safety and security of its people. The President’s veto undermines our national security preparedness and jeopardizes the jobs of Americans who m...

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AIA President & CEO Applauds Passage of Bipartisan FY21 National Defense Authorization Act Conference Report

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on the bipartisan passage of H.R., 6395, the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year 2021 in the U.S. Senate and the U.S. House of Representatives:  “The FY21 NDAA reaffirms a tradition of bipartisan, bicameral support for meeting one of our nation’s greatest responsibilities—our national security. By providing st...

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AIA President & CEO Urges Congress to Pass FY21 National Defense Authorization Act

Arlington, Va. — After months of tireless effort and weeks of negotiation, bipartisan leaders of the U.S. Senate and U.S. House of Representatives Armed Services committees reached an agreement on the National Defense Authorization Act (NDAA) for Fiscal Year 2021. Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released a statement urging passage of the legislation: “Year after year, the NDAA provides critical capabilities and investments in innovation.  It a...

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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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