Aerospace & Defense Investment

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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AIA Applauds House Passage of Bipartisan FY20 National Defense Authorization Act

Arlington, Va. — House passage of the Fiscal Year 2020 National Defense Authorization Act (FY20 NDAA) is a critical step toward ensuring the timely, stable funding and vital strategic direction that both the Department of Defense (DOD) and the aerospace and defense industry rely on. By passing this bill, the House sends a signal to America’s partners and allies that the United States remains committed to an international framework built on freedom, security, and shared prosperity. “The ...

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AIA Renews Call to Pass FY20 Appropriations

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — The continuing resolution (CR) signed today was a necessary step to fund the federal government while Congress and the Administration work to finalize Fiscal Year (FY) 2020 appropriations. But year after year, Congress and the Administration rely on CRs as a short-term fix instead of finalizing full-year appropriations. Once again, we face a potential shutdown that would threaten the livelihoods of...

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AIA: President, Congress Must Come Together to Finalize Critical Investments in America’s Future

Arlington, Va. — The continuing resolution signed into law today was a welcome and necessary short-term solution to provide essential government funding. Now Congress and the President need to work together to finish the Fiscal Year 2020 budget and reauthorize the U.S. Export-Import Bank by the November 21st deadline. “While it was critical to take action to avoid a shutdown, we cannot keep depending on continuing resolutions,” said AIA President and CEO Eric Fanning. “Financial uncer...

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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 & Figures: U.S. Aerospace & Defense.” This in-depth analysis, developed by the Aerospace Industries Association (AIA) with the support of ...

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AIA Welcomes Signing of Budget Deal, Urges Passage of FY2020 Appropriations

Statement by Aerospace Industries Association President and CEO Eric Fanning Arlington, Va. — With the President’s signature on a two-year budget deal, the government has taken a critical step towards providing the resources necessary to achieve America’s ambitious agenda for the future. We welcome efforts by Congress and the Administration to reach and lock in this agreement. But this step alone won’t guarantee the funding we need to go back to the moon, bolster aviation innovation and...

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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 for his service. I had the opportunity to work closely with General Milley in the Department of the Army. He is an immensely qual...

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