The Aerospace Industries Association has called on House and Senate leaders to finalize the appropriations bill for fiscal year 2018 as well as repeal or increase the budget caps in order to avert a possible sequestration. AIA and other defense and aerospace industry executives wrote in the Dec. 1 letter …
Read More »A&D Trade Group Asks Congress to Introduce ‘Revenue-Neutral’ Tax Reform Plan
An aerospace and defense trade group has asked Congress to devise a tax reform plan that would not contribute to budget deficit in an effort to prevent potential cuts to defense spending in the long term due to high shortfall, Defense News reported Saturday. Doc Syers, vice president for legislative …
Read More »Trump to Nominate Raytheon Exec Mark Esper as Army Secretary
President Donald Trump has announced plans to nominate Mark Esper, vice president of government relations at Raytheon, as U.S. Army secretary, Inside Defense reported Wednesday. Esper is the administration’s third pick for the post following the decision of Vincent Viola, founder of digital stock trading firm Virtu Financial, and Tennessee Sen. …
Read More »Report: Ashton Carter, Industry Execs Hold ‘Closed-Door’ Forum
Defense Secretary Ashton Carter and several industry executives met Tuesday to discuss how companies and the Defense Department can increase their collaboration, DoD Buzz reported Tuesday. Brendan McGarry writes more than 30 members of the Aerospace Industries Association, Professional Services Council and National Defense Industrial Association participated in the “closed-door” forum with Carter at AIA …
Read More »Defense, Aerospace Trade Groups Urge Congress to Strike FY 2016 Bipartisan Budget Deal
Leaders from several defense and aerospace trade groups have called on Congress to begin negotiations on a bipartisan multi-year budget deal for fiscal year 2016 in order to prevent a continuing resolution that would extend current funding levels. In a letter published Monday on the National Defense Industrial Association website, executives from NDIA and …
Read More »Robert Work Speaks to AIA About Defense Innovation
U.S. Deputy Defense Secretary Robert Work highlighted military technology programs, industry collaboration and the defense budget during his speech at an Aerospace Industries Association event held Thursday in Williamsburg, Virginia. He told attendees of the AIA spring board of governors and membership meeting that industry has played a key role …
Read More »Marion Blakey: Congress, WH Should Start Sequestration Talks Now
The White House and Congress need to start immediately on negotiations to reverse cuts to defense spending under sequestration, the head of a major defense trade association said Tuesday, according to The Hill newspaper. Marion Blakey, president of the Aerospace Industries Association, told reporters they should not wait for the …
Read More »Defense Contractors say Looming Sequestration is Causing Hiring, Investment ‘Paralysis’
According to several executives from the defense industry, the possible automatic budget cuts are paralyzing the hiring and investment plans for defense contractors, Reuters reported. In an interview with Reuters July 8, before the Farnborough International Airshow, Mick Maurer, president of Sikorsky Aircraft said, the “uncertainty is paralyzing everyone.” Boeing …
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