The Aerospace Industries Association (AIA) responded to the Supreme Court's recent decision on the International Emergency Economic Powers Act (IEEPA). Eric Fanning, President and CEO of AIA, issued a statement emphasizing the importance of the aerospace and defense sector to the U.S. economy.
“The Trump Administration understands the tremendous value of the U.S. aerospace and defense industry to the American economy. Our industry has promoted a zero for zero tariff environment as the best way to increase U.S. exports of aerospace and defense products, and we remain grateful for the Administration’s engagement on trade agreements that acknowledge this,” Fanning said. “Today’s ruling does not change the unique nature of the U.S. aerospace and defense industry. We have the largest manufacturing trade surplus in the United States, exporting more than we import for decades, and contributing to the American economy by growing jobs here at home. As we look to the next steps in the tariff conversation, one thing is certain: our industry will continue to be America’s best exporting industry, delivering best-in-class aerospace and defense products to customers around the world.”
The AIA represents manufacturers and suppliers within aerospace and defense, supporting their role in national security, aviation safety, space innovation, workforce development, and economic growth according to its official website. The association also promotes diversity initiatives aimed at improving representation in these industries (source).
In addition to advocacy on trade issues highlighted by Fanning's remarks, AIA supports policies intended to bolster national security while encouraging innovation (source). The group also leads efforts related to international business ethics through forums such as its leadership since 2010 of the International Forum on Business Ethical Conduct (source).
AIA offers networking opportunities through councils and committees as well as access to over 1,400 industry standards for its members (source).
