U.S. Aerospace Companies Looking for Talent.

ATLANTA, GA (August, 2010): Karen Jacobs of Reuters is reporting that United States Aerospace companies are looking to bolster STEM (Science, Technology, Engineering and Mathematics) education in America. According to a 2010 study by Aviation Week magazine, large companies are reporting that 19 percent of employees are now at retirement age, with the figure expected to reach 40 percent by 2014. However, only 70,000 bachelor’s degrees were awarded in the United States in 2008. This is especially troublesome for defense and aerospace companies that are generally restricted to hiring U.S. Citizens. The article notes that many companies are becoming more involved with competitions and educational institutions in hopes of increasing the number of degrees awarded each year.