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Aerospace, Defense Manufacturers saw significant progress in 2015.

2015-12-18 14:31:13| Industrial Newsroom - All News for Today

Aerospace and defense industry achieved a number of its top priorities in 2015. Despite being delayed, Export-Import Bank of the United States was reauthorized for 4 years. Relief from budget caps, imposed under Budget Control Act of 2011, was achieved for 2016 and 2017 via passage of Bipartisan Budget Act of 2015. Also, there were hopeful signs that year-long omnibus with extension of R&D Tax Credit will pass. AIA President and CEO Dave Melcher said, "...there’s still a lot of work to do."

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