AIA Says Repealing Sequestration will aid USA security, economy.

Press Release Summary:



AIA President and CEO Marion C. Blakey called upon Congress and President Obama to use upcoming budget cycle to reverse sequestration budget cuts. Specifically, AIA desires elimination of sequestration caps and enactment of "predictable and stable budgets" for DOD, FAA, NASA, and NOAA. Doing such, according to Blakey, "is essential to provide a sufficient level of investment in infrastructure, R&D and acquisition of assets to support our national security and economy."



Original Press Release:



AIA: Repealing Sequestration Step One in Keeping America Second to None



Aerospace Industries Association President and CEO Marion C. Blakey calls on Congress and President Obama to use the upcoming budget cycle to reverse sequestration budget cuts.



Arlington, Va. — The Aerospace Industries Association welcomes President Obama’s submission to Congress of a proposed budget for fiscal year 2014 as a step towards ensuring the U.S. industrial base and America’s technological leadership remain second to none. This request and the upcoming budget cycle in Congress provide an opportunity for our elected leaders to roll up their sleeves and work together on a comprehensive budget agreement that will trim federal spending wisely, while also allowing for the long-term investments that make our nation strong.



AIA calls for elimination of the sequestration caps and enactment of predictable and stable budgets for DOD, FAA, NASA and NOAA. It is essential to provide a sufficient level of investment in infrastructure, R&D and acquisition of assets to support our national security and economy.



AIA remains concerned that like last year, the budget caps imposed by the Budget Control Act of 2011 would not permit government agencies across all sectors to execute their missions. As Congress debates appropriate levels of funding for government programs, the continued climate of uncertainty poses tremendous risk for our member companies wrestling with short- and long-term decisions to allocate scarce resources while trying to recruit, train and retain a skilled workforce. Without predictable and stable budgets, it will be impossible to maintain a robust industrial base and reliable supply chain.



We understand that tough choices must be me made to address our long-term debt and deficit issues, but critical investments that spur growth and security are not the place to cut. We look forward to continued dialogue between industry and government on a reasoned and sensible approach.



-AIA-



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, Communications

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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