Trends and Challenges in Aerospace Offsets (1999) / Chapter Skim
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I. Introduction
I. Introduction
Pages 1-8
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From page 3... ...
domestic employment in the aerospace sector has been maintained and indeed is growing again precisely because they are able to strategically employ offsets to obtain sales in fiercely competitive global markets for major aerospace systems. These markets are in fact large, and by general consensus, represent an essential source of sales for the U.S.
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From page 4... ...
See "Boeing Raises Layoff Target to 53,000," by Elizabeth Douglass and Jeff Leeds, in Los Angeles Times, Wednesday, December 2, 1998. 2The bibliography in the Annex of this volume lists relevant work identified in the course of this project.
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From page 5... ...
Specific measures called for include regulatory reform, programs to stimulate aerospace research and products, and renewed efforts to negotiate improved international agreements with the European Union and to bring China into compliance with the GATT code. Scott emphasizes that the United States has in place a wide range of policies with direct impact on the aerospace industry but, unlike its competitors, the United States has yet to develop and implement "conscious and coherent" national policies for the aerospace industry.
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From page 6... ...
The result Flamm suggests, is a situation where the United States cooperates technologically with its allies while competing with them for sales. Flamm sees this dynamic leading either to a higher level of defense spending for the U.S., as it seeks to counter the enhanced foreign capabilities generated by export sales, or a more unsafe world for the United States.
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From page 7... ...
In his view, the combination of market globalization and lean supplier development strategies encourages major subcontractors to outsource to the strongest foreign firms. Many of these firms have the strategy of acquiring technology abroad with the goal of independent production, a policy supported by the industrial policies of governments intent on developing their own aerospace industries.
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From page 8... ...
Specifically, he recommends the commission should review the transfer of technology and employment, research and development, trade negotiations, export sales and financing, license production and co-production agreements, subcontractor production, countertrade, foreign investment, and labor adjustment programs. The commission could also serve as a means to better understand the competitive environment faced by U.S.
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