Significant Progress in 2015 for Aerospace and Defense Manufacturers

Arlington, Va. – The aerospace and defense industry had a strong year in 2015, achieving a number of its top priorities. Despite a lengthy delay, the Export-Import Bank of the United States was reauthorized for four years; significant relief from the budget caps imposed under the Budget Control Act of 2011 was achieved for 2016 and 2017 with passage of the Bipartisan Budget Act of 2015; and there are hopeful signs that a year-long omnibus with an extension of the R&D Tax Credit will pass shortly.

AIA: Congress Must Pass Full Appropriation

Arlington, Va. — AIA calls on Congress to pass an omnibus appropriations bill in early December that would avoid the specter of a year-long continuing resolution. The Bipartisan Budget Act of 2015 provides badly-needed funds and a measure of stability across all government agencies for the next two years.  Congress should follow the dictates of the budget deal they negotiated less than two months ago and pass a full-year appropriations bill for fiscal year 2016.

AIA: House Passage of Budget Deal Good for America

Statement by Aerospace Industries Association President and CEO David F. Melcher on the two-year budget deal passing in the House.

Arlington, Va. — AIA is relieved and thankful that the House has passed legislation lifting the Budget Control Act (BCA) caps for fiscal years 2016 and 2017.  The deal provides an additional $50 billion for base defense spending over the next two years and substantial increases in Overseas Contingency Operations funding.  These are significant increases providing badly-needed funds and some measure of stability to the Department of Defense for the next two years.

AIA: Defense Related Associations Join to Overturn Budget Caps

Statement by Aerospace Industries Association President and CEO David F. Melcher on Defense Related Associations joining to urge Congress to pass a two-year budget deal.

Arlington, Va. — Today, in a spirit of cooperation, the heads of twelve Defense Related Associations joined to send a letter urging Congress to pass a two-year budget deal offsetting budget caps under the Budget Control Act of 2011.  Such a deal would avoid the disruptions inherent in a full-year continuing resolution and provide adequate resources for our military to conduct today’s missions and prepare for the next crisis.

Research & Defense Groups: Budget Caps Risk National Security and Medical Research Priorities

Joint Statement by the Aerospace Industries Association, the National Defense Industrial Association, Research!America and United for Medical Research urging Congress to raise budget caps restraining vital investments in national security and medical research.

Arlington, Va. — Today the Aerospace Industries Association, the National Defense Industrial Association, Research!America and United for Medical Research joined to send Congress a letter urging all of America’s elected representatives in the House and Senate to work together to move forward with responsible funding of our national security and medical research priorities.  The letter states “We must base spending priorities on current and future threats and opportunities, or American security, prosperity, and global leadership will be compromised.  Among these priorities are preserving global stability, defending our homeland and fighting diseases that rob Americans of life, health, independence and time.”