Aerospace Industries Association welcomes President’s budget, calls for more space and innovation funding

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Eric Fanning, President and Chief Executive Officer of the Aerospace Industries Association | https://en.wikipedia.org/wiki/Eric_Fanning

Aerospace Industries Association welcomes President’s budget, calls for more space and innovation funding

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The Aerospace Industries Association (AIA) welcomed the President’s fiscal year 2027 budget request on April 3, highlighting strong support for defense while calling for greater investment in space and innovation programs.

The association said the proposed budget is important because it provides clear signals to companies about where to invest and how to plan. AIA President and CEO Eric Fanning said, “The President’s budget request lays a strong foundation for America’s aerospace and defense industry because it provides what we need most: clear demand signals that tell companies where to invest, what to build, and how to plan for the future.”

Fanning added that while the proposal is strong in terms of defense spending, more work is needed. “While the proposal is strong — particularly for defense — the Aerospace Industries Association will continue working with the Administration and Congress to support sustained investment in priority research and development and innovation programs within the FAA and NASA,” he said.

He also noted that investments into modernizing air traffic control systems are crucial as commercial aviation demand grows. “This budget will help take the next steps to overhaul the air traffic control system, bringing it into the 21st century and enhance the aviation safety workforce and controller training and hiring initiative. We appreciate the President’s attention to this much-needed infrastructure upgrade for critical systems that keep Americans safe while they fly,” Fanning said.

According to the official website, AIA supports diversity initiatives within its industry as well as policies aimed at strengthening national security, encouraging innovation, economic growth, shaping U.S. policy on aviation safety, space technology development, workforce advancement efforts, promoting international business ethics since leading an international forum on ethical conduct since 2010; it also offers advocacy efforts through councils/committees along with access over 1,400 standards supporting manufacturers/suppliers across aerospace & defense sectors.

Looking ahead at U.S. ambitions in space exploration, Fanning concluded: “The budget reinforces NASA’s goal of a permanent American presence on the Moon — enabling new technologies that will take us to Mars and preserving American leadership in deep space exploration... Without continued investment in spaceflight capabilities like SLS [Space Launch System], space stations, and scientific research, we risk ceding our global innovative edge to adversaries.”

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