Aerospace Industries Association President and CEO David Melcher says stable funding must go beyond just the Defense Department. "The government needs to be funded in a reliable way in more than just the Department of Defense. We know that because we've dealt with FAA, we've dealt with NASA a lot," he said.
The Aerospace Industries Association is watching the loss of US defense suppliers over time due to unstable budgets and unpredictable funding mechanisms. "Clearly, the decade-long defense drawdown has resulted in lost suppliers, changes in competition and market structure, and further industrial base turmoil," AIA President and CEO David Melcher said Thursday at AIA's annual media lunch.
Aurora Flight Sciences has demonstrated the capabilities of an autonomous Bell UH-1H Huey helicopter under a Navy research initiative. The autonomous aerial cargo utility system will now undergo field testing with the Marine Corps.
With expenditures for C Series and Global 7000 development winding down, Bombardier CEO Alain Bellemare says the company's turnaround plan is on schedule. "The transformation of Bombardier is well underway and with the significant investment cycle coming to an end we have the right foundation in place to drive profitable growth for years to come," he says.
The Air Force has selected Boeing to support its space-based space surveillance Block 10 satellite under a $21.9 million contract modification. The satellite maintains constant monitoring of orbiting objects.
Aerospace Industries Association President and CEO David Melcher says congressional failure to deliver a board quorum to the Export-Import Bank has been frustrating. "When I came onboard at AIA, the Ex-Im Bank lacked an authorization and was under threat from a few ideologues in Congress," he said. "Today, still, it lacks a full complement of directors and can't approve export deals over $10 million in value."
Defense spending is at the center of a looming government shutdown that could happen over the Christmas holiday. The latest federal budget proposal includes full-year funding for defense but only four additional weeks of expenditures for nondefense programs.
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