How NASA cuts affect aerospace industry

Thursday - 7/14/2011, 7:06pm EDT

Marion Blakey, President and CEO, Aerospace Industry Association

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NASA could be facing major budget cuts in the next fiscal year. The House Appropriations Commerce, Justice and Science Subcommittee is looking at a 13 percent cut. That has the Aerospace Industry worried. Marion Blakey is the President and CEO of the Aerospace Industry Association.