GOCA 2019: US Aerospace and Defence Exports Facing ‘Headwinds'

US aerospace and defence exports are facing a series of headwinds that may challenge the country’s dominant position in global markets, Keith Webster, the president of the Defence and Aerospace Export Council of the US Chambers of Commerce, has warned. On 6 May, he told the Global Offset and Countertrade Association (GOCA) conference in Virginia,...

US aerospace and defence exports are facing a series of headwinds that may challenge the country’s dominant position in global markets, Keith Webster, the president of the Defence and Aerospace Export Council of the US Chambers of Commerce, has warned.

On 6 May, he told the Global Offset and Countertrade Association (GOCA) conference in Virginia, US, that challenges ranging from a shortage of appropriately trained workers to the erosion of the status of the US as a result of what was described as “populist politics” were hampering foreign sales.

The growth of lower-cost competition and supplier diversification in international markets were also issues of concern, he said.

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