The Aerospace Industries Association (AIA) warned last week that defence-readiness levels could decline dramatically in the next decade without a 20-50% overall increase in annual procurement spending. The ALA's published warning comes in the first of two reports on defence modernisation, aimed at educating the candidates running in the US presidential elections. AIA officials plan to meet with the defence policy advisors for all three active candidates -Senators John McCain, Hillary Clinton and Barack Obama - by the end of May. The industry lobbying group is calling for overall procurement spending to increase from about $100 billion today to a steady state of between $120 billion and S150 billion during the next decade.
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