Marion Blakey, president of the Aerospace Industries Association, announced that the 18 members of the Aerospace Industries Association executive committee will meet with Deputy Defense Secretary Ashton Carter on September 18, reports Jim Wolf for Reuters.
Blakey shared last Tuesday that the meeting will potentially revolve around the impact of sequestration and how it will be implemented. Carter handles daily operations of the military, she added.
Sequestration will start on January 2 if Congress doesnât reach a budget settlement for the $1.2 trillion in deficit-reduction measures.
Allocated budget for national defense will receive half of the cuts. This is separate from the $487 billion in military cuts set to be implemented over the span of 9 years.
David Hess is the leader of the AIAâs executive committee. He is currently the president of United Technologies Corp‘s Pratt & Whitney engine-making unit.
Chief executives from Lockheed Martin Corp., Northrop Grumman Corp., Boeing Co., and General Dynamics Corp.Â are also part of the committee.
The Aerospace Industries Association and two other groups assembled a defense industrial base task force which met with met Defense Secretary Leon Panetta last July 23.
They attempted to tackle consequences of sequestration on U.S. industry and national security.