2021 Facts & Figures: U.S. Aerospace & Defense

The COVID-19 pandemic took an immense toll on America and the world last year, causing significant and tragic losses to human lives. It also put an enormous strain on governments, industries, and economies across the globe. The U.S. aerospace & defense (A&D) industry experienced significant declines in jobs and revenue, described in the 2021 edition of Facts & Figures: U.S. Aerospace & Defense, developed by the Aerospace Industries Association (AIA) in collaboration with IHS Mark...

AIA President & CEO Congratulates United States Trade Representative Katherine Tai on Confirmation

Arlington, Va. — Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement applauding the U.S. Senate vote to confirm United States Trade Representative Katherine Tai: “We congratulate United States Trade Representative Katherine Tai, the first woman of color to serve in the role, on her confirmation. With years of experience in international trade, including previous work in the USTR Office of the General Counsel, Ambassador Tai has the...

AIA President & CEO Applauds U.S.-Canada Statement on Nexus Between Transportation and Climate Change

Arlington, Va. — Following the statement by U.S. Department of Transportation Secretary Pete Buttigieg and Canadian Minister of Transportation Omar Alghabra on the nexus between transportation and climate change, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement reaffirming AIA’s commitment to partnering with government leaders: “We commend Secretary Buttigieg and Minister Alghabra on their collaborative efforts to address climate cha...

Advanced Air Mobility: Can the U.S. Afford to Lose the Race?

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...

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&...

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...

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...

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...

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...

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...

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...