Showing posts with label AIA. Show all posts
Showing posts with label AIA. Show all posts

17 September, 2020

AIA Releases 2020 Facts & Figures Analysis

Facing one of the most challenging years on record, decade-long growth underscores the aerospace and defence industry’s vital role in the U.S. economy, innovation, and national security

The COVID-19 pandemic and the subsequent dramatic decrease in global air traffic has presented the aerospace and defense (A&D) industry with an extraordinary challenge. Building on the success of 2019, it is a challenge our industry is poised to meet, according to “2020 Facts and Figures: U.S. Aerospace & Defense.” This in-depth analysis, developed by the Aerospace Industries Association (AIA) with the support of IHS Markit, provides a snapshot of the industry’s global leadership and its strong contributions to the U.S. economy, national security, and innovation in 2019 and considers the impact of the pandemic on our industry in the first half of 2020.