AIA calls for measured approach to defense budget.

Press Release Summary:



According to statement made by AIA President and CEO Marion C. Blakey, aerospace industry has advocated that reductions in defense budget be made on basis of new national defense strategy that seeks to secure America's future rather than applying lower numbers across-the-board. AIA therefore appreciates the hard work and thoughtful process that President Obama and Secretary Panetta described in developing the new strategy and their commitment to avoid arbitrary cuts.



Original Press Release:



AIA Calls for Measured Approach to Defense Budget



Statement by AIA President and CEO Marion C. Blakey

Arlington, Va. - For some time our industry has advocated that reductions in the defense budget be made on the basis of a new national defense strategy that seeks to secure America's future rather than simply applying lower numbers across-the-board. We therefore appreciate the evident hard work and thoughtful process that President Obama and Secretary Panetta described in developing the new strategy and their commitment to avoid arbitrary cuts.

We are encouraged that Secretary Panetta made it clear once again that sequestration was not an option for the strong defense that our nation deserves. He also specifically recognized the importance of a strong industrial base to support the military. It's been a long-standing concern of defense experts that ill-considered cuts will leave the industry unable to develop and build the technologies and the capabilities that have made America's military the finest in the world.

Founded in 1919 shortly after the birth of flight, the Aerospace Industries Association is the most authoritative and influential trade association representing the nation's leading manufacturers and suppliers of civil, military and business aircraft, helicopters, unmanned aircraft systems, space systems, aircraft engines, homeland and cybersecurity systems, materiel and related components, equipment services and information technology.

Daniel N. Stohr

Director, Media Relations

Aerospace Industries Association

1000 Wilson Blvd., Suite 1700

Arlington, Virginia 22209 USA

T: 703-358-1078 C: 703-517-8173

dan.stohr@aia-aerospace.org

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