Tag Archives: Mike Petters

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 …

Huntington Ingalls Industries CEO Mike Petters said that industry needs “clear signals” from the government to determine the focus of new investments as contractors work to drive down long-term costs, Reuters reported Monday. Petters said that continued budget uncertainty and other Defense Department priorities prevent vendors from investing or pursuing research on new technologies or processes, Andrea …