AIA Elects Officers, Board of Governors for 2012

Dec. 20, 2011

The Aerospace Industries Association Board of Governors has elected David P. Hess, President of Pratt & Whitney, United Technologies Corporation, as its Chairman for 2012. Hess will begin his term Jan. 1, succeeding Jim Albaugh, President and Chief Executive Officer of Boeing Commercial Airplanes. Wes Bush, Chairman, Chief Executive Officer and President of Northrop Grumman Corporation, was elected AIA’s Vice Chairman.

“I look forward to leading AIA as we continue to fight to preserve the nation’s aerospace industrial base and to modernize civil aerospace systems,” said Hess. “I’m proud of the steps we’ve taken…

Sequestration Trigger Clouds Aerospace Picture

Dec. 14, 2011

Failure of the deficit reduction supercommittee and the specter of sequestration cuts cast a shadow on a relatively strong year for the aerospace industry.

“The fact that our industry is a leading job-creator, a technological innovator and a critical part of our nation’s security is too important to be taken for granted,” said AIA President and CEO Marion C. Blakey. “If this industry stops being Second to None, the future of our country is in question.”

In her remarks to more than 300 members of the news media, government and industry at the association’s 47th…

Statement by AIA President & CEO Marion C. Blakey on Export-Import Bank Reauthorization

Dec. 09, 2011

We are deeply concerned that Congress has not passed a long-term reauthorization of the U.S. Export-Import Bank. We strongly urge passage of a full four-year reauthorization before the current authorization expires December 16.

The bank serves a critical function for U.S. job creation and economic growth by supporting the financing of American exporters. In fiscal year 2011, the bank reports that it supported more than $40 billion in U.S. exports, helping to create or sustain an estimated 290,000 direct and indirect jobs at over 3,600 U.S. small and large companies – while earning a…

December 2011 eUpdate

Dec. 06, 2011