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9/20/2011 Industry Fears Budget Cuts Will Devastate Aerospace Sector

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September 20, 2011
FedCyber Wire, Spending
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via NDIA

NATIONAL HARBOR, Md. — Looming defense cuts will lead to changes in the way the U.S. Air Force does business with industry, said Chief of Staff Gen. Norton A. Schwartz.

In a Sept. 20 keynote address at the Air Force Association’s Air and Space Conference and Technology Exposition, Schwartz said there is no room anymore for companies to “over-promise only then to under-deliver.” There will be no blank checks for industry, and the military will not be able to have everything it wants.

During a panel discussion earlier, Aerospace Industries Association Vice President Fred Downey said that the Pentagon needs to work with industry to come up with a national aerospace and defense strategy to avoid devastating impacts to military aviation. The military’s aircraft inventory is aging fast, with B-52s and other platforms now more than 50 years old, he said, and atrophy already has begun to affect combat aircraft.

Continued here.