Statement by AIA President & CEO Marion C. Blakey
ARLINGTON, Va., March 28, 2011 /PRNewswire-USNewswire/ -- Industry is increasingly concerned about the lack of a completed fiscal year 2011 budget and reliance on continuing resolutions. Secretary Gates and senior military officers have made it very clear that funding the Defense Department through continuing resolutions creates significant problems for the Pentagon and our men and women in uniform.
Without the predictability that comes with a fiscal year budget, program delays increase, costs increase and companies are faced with the prospect of downsizing the workforce, potentially disrupting the aerospace industrial base. In order for programs to be effectively managed not only at DOD but other federal agencies including NASA and FAA, and for companies to manage their responsibilities as contractors, a fiscal year budget must be completed as soon as Congress returns.
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.
SOURCE Aerospace Industries Association