Aerospace Industries Association(AIA) President and CEO Eric Fanning praised Senate introduction of the Truncating Onerous Regulations for Partners and Enhancing Deterrence Operations (TORPEDO) Act of 2023. In a letter to the bill’s sponsors sent May 24, 2023, Senators Jim Risch (R-Idaho), ranking member of the Senate Foreign Relations Committee, and Bill Hagerty (R-Tenn.), Fanning hailed the bill for “reducing trade, regulatory, and bureaucratic barriers that may hinder” the Australia-United Kingdom-United States trilateral security pact.
