exports

U.S. Aerospace Sales Grow, But Not Jobs: AIA

WASHINGTON: While anxiety over sequestration dominated yesterday’s annual meeting dominated of the Aerospace Industries Association, its member companies actually did pretty well in 2012. Civil aircraft sales, up 14 percent since 2011, and arms exports, up 12 percent, grew faster than Pentagon spending declined, which was just 3.4 percent. Overall, aerospace and defense profits are […]

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Congress

Elections May Doom Obama’s Arms Export Reforms

NATIONAL PRESS CLUB: The ambitious arms export reforms proposed and largely prepared by the Obama administration may founder if the White House changes hands. The State, Commerce and Defense departments have completed “for all intents and purposes” the drafts of the major reforms after a week of all-day meetings. The administration has built a new […]