The Aerospace Industries Association (AIA) has released a report providing an overview of the aerospace industry in the past year.
“2020 Facts and Figures: U.S. Aerospace & Defense,” outlines how the industry has contributed to the U.S. economy, national security, and innovation in the past year. It also addresses the impact of the pandemic on the aerospace industry in the first half of 2020.
“The strong growth and significant success industry achieved in 2019 was driven by our exceptional employees whose commitment to lifting America to new heights is matched by their contributions to our country’s economic and national security,” said AIA president and CEO Eric Fanning. “As our country and the world face an uncertain future due to COVID-19, our workforce is leveraging its unique talents and unparalleled capabilities to help return industry to 2019 levels, while also fueling our country’s recovery and bolstering our competitiveness on the global stage.”
Read an overview of the report in the AIA news item or download the report in its entirety on AIA’s website.