In 2015, the U.S. aerospace industry contributed $144.1 billion in export sales to the U.S. economy. The industry’s positive trade balance of $82.5 billion that year was the largest trade surplus of any manufacturing industry, supporting high-wage jobs for hundreds of thousands of American workers.

At the end of 2013, inward stock of foreign direct investment (FDI) into the U.S. aerospace manufacturing industry totaled $22.7 billion (growing annually since 2008). The 7.7 percent compound annual growth rate through 2013 outpaced the compound annual growth rate of FDI in all industries over the same period.

An indication of the strong appeal of the United States as a platform for aerospace manufacturing is the Aerospace FDI Expo that was cosponsored by the U.S. Department of Commerce in October 2015. Participants included 64 representatives of non-U.S. companies from 23 markets.

Foreign firms are attracted to the U.S. aerospace market because it is the largest in the world and has a skilled and educated workforce, extensive distribution systems, diverse offerings, and strong support at the local and national level for policy and promotion. According to a study by the U.S. Department of Commerce, aerospace exports directly and indirectly support more jobs than the export of any other commodity. The U.S. aerospace industry directly employs about 500,000 workers in scientific and technical jobs across the nation and supports more than 700,000 jobs in related fields. Investment in the U.S. aerospace industry is facilitated by a large pool of well-trained machinists, aerospace engineers, and other highly-skilled workers with experience in the aerospace industry. IntelliComponents is perfectly positioned to supply products and skills in this area.

Large Civil Aircraft (LCA): The United States is a global leader in LCA production and offers many opportunities for investment in the LCA supply chain.

Rotorcraft: The U.S. rotorcraft industry is diverse with the bulk of new deliveries arriving from mature production lines. The market encompasses military, emergency medical service (EMS) providers, offshore oil and gas exploration, and law enforcement applications.

Commercial Space: The companies in the U.S. commercial space market are major suppliers to U.S. Government programs, where demand has remained stable during the commercial aerospace and global economic downturns.

General Aviation (GA): The United States is the world’s largest market for GA aircraft. U.S. manufacturers produce a wide range of GA products including piston aircraft, turboprops, jets, balloons, dirigibles, and experimental aircraft.

Engines: Major engine and power plant manufacturers are typically part of diversified corporations producing engines for both civil and military aircraft, either alone or as part of one or more joint ventures. Engines and power plant sales also provide maintenance, repair and overhaul business opportunities.

Unmanned Aircraft Systems (UAS): Given the rapid growth of military and civil governmental UAS operations, there is tremendous potential for the U.S. industry in the evolving commercial UAS sector. The over-545,000 registrations that the FAA has processed exemplify the expanding the level of demand for UAS in the United States.

Airport Infrastructure/Aviation Security: Airport infrastructure and aviation security markets continue to grow both in the United States and abroad.

Aviation Fuels: Alternative fuels in the aviation sector continue to be of interest due to the historic price volatility of traditional jet fuel and to concerns about the effect of aviation on the environment. The United States is a leader in alternative aviation fuel research and development, and U.S. producers have successfully completed test flights using fuels from a variety of feedstock. These fuel producers are actively seeking investment as they move towards commercial production.

Supply Chain: The United States has a robust aerospace supply chain with capabilities in maintenance, repair, and overhaul (MRO), composites, metal-working, avionics, testing equipment, and coatings. U.S.-based suppliers are highly sought after partners for aerospace manufacturing programs at home and abroad.

ICI understands the Aviation industry and the need for consistency in quality & performance, meeting regulations, improving time-to-market. Our technical knowledge and market expertise, matched with our value-added service capabilities, makes us the comprehensive solution provider of choice for the Aerospace Industry.
(Sources: Selectusa.gov)

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