President Obama Proposes Additional Financing For Aerospace Growth And Jobs | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Thu, Jun 24, 2010

President Obama Proposes Additional Financing For Aerospace Growth And Jobs

$100 Million Targeted Towards Constellation Program Transition

The President submitted to Congress late last week a fiscal year 2011 budget amendment that targets up to $100 million toward spurring regional economic growth and job creation in the aerospace industry. The amendment would provide up to $40 million in aid for Florida's Space Coast and a maximum of about $60 million for other affected regions. These funds specifically would be made available from the Constellation Program transition element of the agency's exploration request.

The amendment does not increase the total of the administration's fiscal year 2011 budget request. It was presented to support the administration's new course for human spaceflight, while revitalizing NASA and transitioning to new opportunities in the space industry and beyond.

"We're very pleased the president has asked for additional support to help the communities and workers most deeply involved in our space program," said NASA Administrator Charles Bolden. "NASA's work force is incredibly talented and dedicated. This $100 million investment in our people is essential to spurring economic growth and job creation."

The president established the Task Force on Space Industry Workforce and Economic Development on May 31. The task force is chaired by Bolden and Secretary of Commerce Gary Locke. It is charged with developing, in collaboration with local stakeholders, an interagency action plan to enhance economic development strategies and plans along the Space Coast and affected aerospace communities in other states. The task force team will report its recommendations to the president by August 15.

The administration launched a $40 million, multi-agency initiative in May for regional economic growth in Florida and to prepare space industry workers for future opportunities there. Task force activities will complement local and federal economic and work force-development efforts.

FMI: www.nasa.gov

Advertisement

More News

Airbus Racer Helicopter Demonstrator First Flight Part of Clean Sky 2 Initiative

Airbus Racer Demonstrator Makes Inaugural Flight Airbus Helicopters' ambitious Racer demonstrator has achieved its inaugural flight as part of the Clean Sky 2 initiative, a corners>[...]

Diamond's Electric DA40 Finds Fans at Dübendorf

A little Bit Quieter, Said Testers, But in the End it's Still a DA40 Diamond Aircraft recently completed a little pilot project with Lufthansa Aviation Training, putting a pair of >[...]

ANN's Daily Aero-Term (04.23.24): Line Up And Wait (LUAW)

Line Up And Wait (LUAW) Used by ATC to inform a pilot to taxi onto the departure runway to line up and wait. It is not authorization for takeoff. It is used when takeoff clearance >[...]

NTSB Final Report: Extra Flugzeugbau GMBH EA300/L

Contributing To The Accident Was The Pilot’s Use Of Methamphetamine... Analysis: The pilot departed on a local flight to perform low-altitude maneuvers in a nearby desert val>[...]

Classic Aero-TV: 'Never Give Up' - Advice From Two of FedEx's Female Captains

From 2015 (YouTube Version): Overcoming Obstacles To Achieve Their Dreams… At EAA AirVenture 2015, FedEx arrived with one of their Airbus freight-hauling aircraft and placed>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC