Statement by Aerospace Industries Association President and CEO Marion C. Blakey on the meeting of Senate Armed Services Committee members to discuss solutions to sequestration budget cuts.
Arlington, Va. — The Aerospace Industries Association is encouraged by the news that members of the Senate Armed Services Committee are meeting to discuss solutions to the threat posed to our national security by indiscriminate budget cuts under sequestration during fiscal years 2016 through 2019. Senior Pentagon leaders have repeatedly warned that failure to address sequestration would impact readiness, troop levels and modernization, leading to an unacceptable loss in military capabilities. The Quadrennial Defense Review released last month states that defense is underfunded by $115 billion in that timeframe.
AIA has warned for years that these caps will force bad choices at a time of increasing global instability. We must make smart decisions regarding our country’s vital national security interests. We commend Senator Angus King’s (I-Maine) leadership in calling for this series of bipartisan meetings among the group of senators most intimately in tune with our nation’s armed forces and national security needs. We hope that the exchange of proposals in these meetings leads to a budget agreement that sets aside sequestration and protects the investments our nation needs to make to preserve our military capabilities and the industrial base that equips our warfighters.