Aerospace Industries Association, U.S.

The U.S. Aerospace & Defense (A&D) industry generated $143 billion worth of exports in 2017. Over the past five years, A&D exports have grown by 26 percent, or from $113 billion in 2012 to $143 billion in 2017. A&D accounted for nine percent of all U.S. exports in domestic goods and is the nation’s third largest exporting industry. A&D is the nation’s leading net exporting industry and generated a trade surplus of $86 billion in 2017. Exports of supply chain products including engines, components and parts, accounted for 56 percent, or $80 billion of total U.S. A&D exports. The U.S. is the world’s largest exporter of A&D products and accounted for 34 percent of global A&D exports, up four percent since 2010.   Data cited at:https://www.aia-aerospace.org/

In 2015, the U.S. Aerospace & Defense industry generated $202 billion in value-added products and services. This includes $73 billion for commercial aerospace, $67 billion for defense & national security and $62 billion for related services. A&D supported an additional $104 billion in induced value-added products and services in non-A&D sectors throughout the U.S. economy. Combined with the industry’s direct value-added, the U.S. A&D industry made a total contribution of $307 billion to the U.S. economy, which accounted for 1.8% of U.S. Gross Domestic Product. Manufacturing output supported by the A&D industry accounted for 6.1% of all value generated by the U.S. manufacturing sector. In 2015, A&D manufacturing activity generated $132 billion in value-added products and services. Together, Washington, California, Texas, Michigan & Connecticut account for two-thirds of the A&D industry’s total value added. In 2015, these states generated $201 billion in value-added products and services, which accounted for 66% of total industry value-added. A&D is responsible for more than 5% of manufacturing value-added in 15 U.S. states, respectively. Taken together, these states account for $94 billion in manufacturing activity or 71% of total A&D manufacturing value-added. Data cited at:The Aerospace Industries Association (AIA)