PP Presentation

US Aerospace in Brief

• Aerospace
  • Employs some 795,000 people, this creates jobs for another 2 million
  • Technology - generated a multiplying effect by enhancing and creating jobs
  • Largest contributor - U.S. balance of trade (manufactured goods sector)
    • Net annual contribution of more than $24 billion
  • Fiscal Year 1998
    • NASA - 28% toward nondefense R&D, amounts to $9.6 billion
    • DoD - 91% toward defense-related R&D, amounts to $36.8 billion
  • NASA and DoD - $2.15 billion toward research in colleges and universities