Aerospace Diary

Posted by- Neelam Mathews Jan 25, 2012 “Sequestration budget cuts are poised to strangle the U.S economy and devastate our military,” says Aerospace Industries Association. AIA President and CEO Marion C. Blakey released the following statement:  “The State of the Union can be measured in many ways, but first and foremost is the security of the nation. By that measure, the future of our country is unclear. The President’s Budget Request scheduled for release Feb. 13 targets defense for a $487 billion reduction over ten years.    “However, that isn’t the end. Defense faces more than five hundred billion dollars of additional cuts under a sequestration scenario driven by politics rather than security. Simply put, this will jeopardize the nation’s security, knee-cap the technological edge we’ve enjoyed for generations in aerospace and defense and risk as many as one million American jobs. As a nation, we need to put our foot down when it comes to any more defense...

Posted by- Neelam Mathews 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, says Aerospace Industries Association. “ 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 annual Year-end Review and Forecast Luncheon, Blakey cited a preliminary total aerospace sales figure of $218 billion, making 2011 the eighth consecutive year of growth . “Annual sales are going to be up across the board in 2011,” Blakey said.  “But in 2012 we expect things to begin to change.” In 2011, the U.S. aerospace industry contri...

Neelam Mathews July 19, 2011 Time- 8;15pm IST Even as the Aerospace Industries Association welcomed the U.S administration’s proposed rule to relieve low-risk technology exports of burdensome and unnecessary restrictions, India now needs to look at a system that will protect its own technology. As India looks at design, development and manufacture of sensitive technologies, questions are starting to emerge. “Does India have any regulations for export control…It will have to put in some pieces..Hindustan Aeronautics Ltd has sold its Advance Light Helicopter to a Latin American country…any regulation signed on this? What is the guarantee if the BrahMos is sold to a country that   will not sell it to a rogue state?” says an OEM to Aerospace Diary. “We can say Iran is our friend, and sell to it. Any guarantees that Pakistan will not get the technology,?” queries an Indian industry official. Meanwhile, India has welcomed steps taken by the U.S to remove Indian entities from the ...

By Neelam Mathews June 30, 2011 U.S Aerospace Industries Association has taken objection to r emarks about business aviation made by President Barack Obama during a June 29 White House press conference concerning tax policies for general aviation planes as part of deficit cutting efforts.  “We're disturbed by President Obama's remarks on business aviation today. It seems odd that he would undermine the aviation industry one day after visiting Alcoa's factory and praising the workers who make parts and materials that are critical to producing business jets,” said President and CEO Marion C. Blakey. “General aviation plays an important role in our economy and took a substantial hit in the recent recession. We feel that disparaging comments from the president regarding business jet users are not conducive to promoting jobs, investment and economic growth,” Blakey added. National Business Aviation Association (NBAA) President and CEO Ed Bolen too made a statement. "...