Establishes the Aerospace Export Safeguard and Innovation Act; creates Aerospace Export Resilience Grant Program; creates Advanced Materials and Components Security Grant Program; creates Aerospace Trade Monitoring Board
Pending Committee Action in House of Origin
Summary
The bill establishes two grant programs—one to aid aerospace companies hit by tariff‑related problems and another to fund research on domestic materials and components. It also expands export‑facilitation services, offers supply‑chain planning help, and creates a five‑member Aerospace Trade Monitoring Council. The measures aim to protect the state’s aerospace and defense sectors from international trade shocks and encourage local innovation.
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