Wednesday, June 16, 2021

Final Report: Commission on the Future of the United States Aerospace Industry

"Aerospace will be at the core of America’s leadership and strength in the 21st century. The role of aerospace in establishing America’s global leadership was incontrovertibly proved in the last century. This industry opened up new frontiers to the world, such as freedom of flight and access to space. It provided products that defended our nation, sustained our economic prosperity and safeguarded the very freedoms we commonly enjoy as Americans. It has helped forge new inroads in medicine and science, and fathered the development of commercial products that have improved our quality of life.

Given a continued commitment to pushing the edge of man’s engineering, scientific and manufacturing expertise, there is the promise of still more innovations and new frontiers yet to be discovered. It is imperative that the U.S. aerospace industry remains healthy to preserve the balance of our leadership today and to ensure our continued leadership tomorrow.

Our Urgent Purpose


The contributions of aerospace to our global leadership have been so successful that it is assumed U.S. preeminence in aerospace remains assured. Yet the evidence would indicate this to be far from the case. The U.S. aerospace industry has consolidated to a handful of players—from what was once over 70 suppliers in 1980 down to 5 prime contractors today. Only one U.S. commercial prime aircraft manufacturer remains. Not all of these surviving companies are in strong business health. The U.S. airlines that rely upon aerospace products find their very existence is threatened. They absorbed historical losses of over $7 billion in 2001 and potentially more this year.."
Aerospace industry 

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