Thursday, March 17, 2011
The volume of counterfeit parts in the supply chain is increasing, according to a new report by the Aerospace Industries Association (AIA).
While the prevalence of counterfeit parts in the supply chain is difficult to quantify, in fiscal 2009, the U.S. Customs and Border Protection Service seized nearly $4 million in counterfeit critical technology components, including networking equipment and semiconductor devices that the aerospace industry uses, according to the AIA. The AIA is the trade association representing the nation's major aerospace and defense manufacturers.
“The use of counterfeit parts in the aerospace industry may have life or death consequences,” said AIA President and CEO Marion Blakey, in a statement. “Reducing their proliferation and potentially harmful effects requires increased diligence and active control measures from both industry and government.”
By: DocMemory
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