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July 11, 2012News for the aerospace industry

  Today's Top News 
  • Defense firms urge N.C. members of Congress to halt sequestration
    Leaders of aerospace and defense companies have sent North Carolina members of Congress a letter warning of consequences from $500 billion in defense cuts from sequestration. "Without a reversal of sequestration this summer, government contractors will be forced to start notifying employees of potential layoffs in compliance with the federal WARN Act," the letter says. North Carolina could lose more than 11,000 jobs in the state due to sequestration, this feature says. Sun Journal (New Bern, N.C.) (7/10) LinkedInFacebookTwitterEmail this Story
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  Farnborough Air Show 2012 Coverage 
  • Defense firms eye Middle East, Asia markets
    U.S. makers of aircraft, weapons and other military equipment are focusing on Asia and the Middle East, two areas where demand is growing, industry leaders say. "If you want to succeed in the future you need to have a global approach to doing business," said Chris Chadwick, president of Boeing Military Aircraft. Reuters (7/10) LinkedInFacebookTwitterEmail this Story
  • Senators want to close tax loophole to stop sequester
    Sens. John McCain, R-Ariz., and Lindsey Graham, R-S.C., are proposing closing a tax loophole to raise up to $50 billion in order to halt mandatory defense cuts. McCain and Graham, who likely have the support of four others on the Senate Armed Services Committee, say that by raising the revenue, they would be more likely to get Democratic support for finding the remaining savings necessary, this blogger says. The Hill/DEFCON Hill blog (7/10) LinkedInFacebookTwitterEmail this Story
  • OMB director to testify before House on defense cuts
    Office of Management and Budget Director Jeffrey Zients is scheduled to testify before the House Armed Services Committee to explain the possible effects of $500 billion in defense cuts on U.S. companies. Zients' agreement to testify comes after pressure from committee Chairman Buck McKeon, R-Calif. "It is appropriate to provide information to members of Congress, industry and the public about the administration's interpretation of the law and how sequestration would be implemented," wrote McKeon in a letter to Zients. The Hill/DEFCON Hill blog (7/9) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Commercial Aviation 
  • Blakey: Cuts could stall NextGen air traffic system
    NextGen, a new satellite-based air traffic control system, could face delays if sequestration cuts go into effect, says Marion C. Blakey, president and CEO of the Aerospace Industries Association. If that happens, she said, "air traffic delays will return and approach gridlock; and the economic engine that is air transportation -- the sector that for decades has pulled GDP up and down its crooked graph -- will sputter and stall." (7/10) LinkedInFacebookTwitterEmail this Story
  • Embraer's backlog drops to $12.9B
    Embraer's backlog of firm orders has fallen to its lowest point in six years. The aircraft manufacturer's backlog totaled $12.9 billion at the end of the second quarter, a drop from $14.7 billion at the end of the first quarter. During the second quarter, Embraer delivered 35 commercial aircraft and 20 business jets. Reuters (7/11) LinkedInFacebookTwitterEmail this Story
  A&D Workforce 
  • Girls Get IT Camp focuses on STEM training
    Girls Get IT teaches science, technology, engineering and math skills through hands-on experiments in robotics and computers. The camp in Hillsboro, Ore., was started by 16-year-old Savannah Loberger as part of a Girl Scouts project. Now in its second year, the camp has expanded to three one-week sessions. The Oregonian (Portland) (7/10) LinkedInFacebookTwitterEmail this Story
  Featured Content 

  • Curiosity rover faces complicated landing on Mars
    NASA's Mars rover Curiosity employs new technology to descend to the surface of the Red Planet. Unlike other rovers, the 1-ton Curiosity is too heavy to land with the use of air bags. Instead, Curiosity must rely on a "sky crane" that will drop the rover to the surface with cables. Houston Chronicle (7/10) LinkedInFacebookTwitterEmail this Story
  • Other News

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  AIA News 
  • AIA Member Spotlight: US Aluminum Castings
    Joining AIA as an Associate Member, US Aluminum Castings is a precision aluminum castings foundry providing aerospace castings, aluminum green sand castings, aluminum lost foam castings, aluminum permanent mold castings and aluminum no-bake castings on a just-in-time basis to the aviation, aerospace, heavy truck, military and marine industries. See full list of AIA member companies. LinkedInFacebookTwitterEmail this Story
  • A must-attend meeting -- commercial aviation on the rise
    Commercial aviation is growing, get on board now. You can't afford to miss AIA's Summer Supplier Management Council Meeting, hosted by Pratt & Whitney, August 14 to 16, 2012 at the Hilton Hartford Hotel, Hartford, Conn. More information. LinkedInFacebookTwitterEmail this Story
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Position TitleCompany NameLocation
CFOSagem Avionics, Inc.Grand Prairie, TX
Supervisor Contract Administration-2243Crane AerospaceBurbank, CA
F/A-18 and EA-18G T&E System EngineerWyleWashington, DC
Assistant Vice President, Civil Aviation Aerospace Indsturies AssociationArlington, VA
Click here to view more job listings.

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--B.C. Forbes,
Scottish financial journalist

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