An aging aerospace workforce will pose a problem for US space companies, industry insiders say. In Florida, space companies employ 70,500 people, according to the Aerospace Industries Association.
The Breakthrough Prize Foundation is considering a private mission to the Saturn moon Enceladus. A NASA probe identified signs of liquid water on the moon.
Congress has authorized the Defense Department to boost the number of ground-based missile interceptors by as many as 28 to counter threats by North Korea and Iran, according to a conference report on the defense policy bill. The most recent ground-based interceptor was set up at Fort Greely, Alaska, early this month.
William Bucknam of MWI Corp. highlights the importance of the US Export-Import Bank to small businesses and the danger Scott Garrett's nomination poses for the bank's mission. "We, the small-business leaders and workers that rely on the Bank, have no reason to believe in him," Bucknam writes.
This week the US House achieved floor passage of H.R. 1—the Tax Cuts and Jobs Act. The measure was approved on November 16 by a 227-205 vote, entirely along partisan lines. The House version of comprehensive tax reform supports a more competitive corporate tax rate, creation of a territorial tax system and the repatriation of accrued overseas income. All these elements are consistent with AIA’s tax reform principles.
The House has passed GOP-backed tax legislation in a party line vote. The Senate's version of the tax bill is making its way through committee.
Congress is calling on the Missile Defense Agency to develop space-based systems for defending the US against a missile attack. Experts say a space-based system holds more potential than ground-based systems for meeting future threats.
Turkey's decision to purchase an air defense system from Russia could adversely affect its future as an F-35 operator and leave Turkey unable to integrate with NATO technology. Turkey is reportedly close to finalizing its purchase of a Russian-made S-400 anti-aircraft missile system.