The Aerospace Industries Association (AIA) is urging the U.S. Congress to reauthorize the Export-Import Bank for four years and increase the export credit agency's $100 billion lending cap. "U.S. jobs could be directly impacted if immediate action isn't taken by the U.S. Congress," AIA President Marion Blakey wrote in a Feb. 29 letter to House and Senate leaders. "A four year reau-thorization, with an increase in the lending cap, will ensure that American companies remain second to none." U.S. satellite manufacturers are among aerospace firms making increased use of Ex-Im financing to make their products more price competitive overseas.
展开▼
