AAS Conference Panel  –  The Role of Education in American Competitiveness Industry Perspective Nov. 18, 2008 Presentation...
Agenda <ul><li>Overview of Aerojet </li></ul><ul><li>Current Workforce Demographics – Aerojet and Aerospace & Defense Indu...
Aerojet Provides Full Spectrum of Aerospace and Defense Products 65 Years of Engineering Excellence    3,100 Employees  ...
We Are Rocket Scientists – First & Foremost!
Aerospace and Defense Contractors Have An Aging Workforce <ul><li>Of 13% eligible, only 2% retired (last two years) </li><...
Aerojet Workforce Exhibits Similar Demographics to Aerospace & Defense Total:  874 Recent Focus on  New Grads Is Paying Of...
Challenges In Attracting and Keeping “New” Talent <ul><li>Aerospace & Defense Has A Very Technical Workforce </li></ul><ul...
Assessment  5 + Years From Now <ul><li>Baseline </li></ul><ul><li>Workforce continues to age with only modest improvement ...
What the Aerospace Industry* Believe Should Be Done To Foster Optimistic Case <ul><li>Partnering with existing programs su...
What Aerojet is Doing to Foster the Optimistic Case <ul><li>GenCorp Foundation/Aerojet Outreach supports local and nationa...
What More Can Be Done to Foster the Optimistic Case <ul><li>Focus On Developing More Science/Math Teachers To Be Deployed ...
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AAS National Conference 2008: Julie Van Kleeck

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Session 3: Role of Education in American Competitiveness

18 November 2008, Pasadena California

http://www.astronautical.org/conference/conference-2008

Published in: Technology, Business
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AAS National Conference 2008: Julie Van Kleeck

  1. 1. AAS Conference Panel – The Role of Education in American Competitiveness Industry Perspective Nov. 18, 2008 Presentation by Julie Van Kleeck Vice President, Space Programs Aerojet
  2. 2. Agenda <ul><li>Overview of Aerojet </li></ul><ul><li>Current Workforce Demographics – Aerojet and Aerospace & Defense Industry </li></ul><ul><li>Specific Challenges Facing Aerospace </li></ul><ul><li>Baseline, Pessimistic and Optimistic Cases </li></ul><ul><li>Steps to Foster the Optimistic Case </li></ul>
  3. 3. Aerojet Provides Full Spectrum of Aerospace and Defense Products 65 Years of Engineering Excellence  3,100 Employees  $700M Sales Tactical Propulsion Airbreathing Systems Warheads & Energetics Missile Defense Systems Space Boosters & Strategic Propulsion Liquid Boosters & Upper Stages Post Boost Control Systems NASA Exploration Propulsion Military Spacelift In Space Propulsion Advanced Structures Specialty Metals Safety Systems
  4. 4. We Are Rocket Scientists – First & Foremost!
  5. 5. Aerospace and Defense Contractors Have An Aging Workforce <ul><li>Of 13% eligible, only 2% retired (last two years) </li></ul><ul><li>27% of Engineers eligible for retirement </li></ul><ul><li>There is a 14% Annual Attrition Rate in the 20-35 age group </li></ul>*Source: Aviation Week A&D article, 8/18-25, 2008 13% Now Retiree Eligible
  6. 6. Aerojet Workforce Exhibits Similar Demographics to Aerospace & Defense Total: 874 Recent Focus on New Grads Is Paying Off *Approx. 30% of Workforce; Engineers & Scientists
  7. 7. Challenges In Attracting and Keeping “New” Talent <ul><li>Aerospace & Defense Has A Very Technical Workforce </li></ul><ul><li>Competitiveness Within Industry Requiring Corporate Leaders To Focus On Near Term At The Expense Of Long Term Viability – Focus Is On Experienced People </li></ul><ul><li>Transfer Of Heritage Knowledge To New Talent Is Costly And Takes Time – Rockets Require Significant Investment In Time And Human Capital – Less Experienced Workers Don’t Always Have The “Patience” Needed. (Other Industries Are More Attractive.) </li></ul><ul><li>Cyclical Nature Of Industry Which Poses Challenges At Attracting And Maintaining Young Professionals </li></ul>
  8. 8. Assessment 5 + Years From Now <ul><li>Baseline </li></ul><ul><li>Workforce continues to age with only modest improvement in younger demographics due to attrition </li></ul><ul><li>Loss of investment from 1950’s-1960’s due to inability to transfer knowledge (lack of retention of younger workforce) </li></ul><ul><li>India/China/Others threaten to take over World Space preeminence </li></ul><ul><li>National/World Security threatened </li></ul><ul><li>Pessimistic </li></ul><ul><li>Loss of U.S. investment from 1950’s-1960’s due to inability to transfer knowledge </li></ul><ul><li>India/China/Others take over Space preeminence </li></ul><ul><li>U.S. abandons human presence in Space </li></ul><ul><li>National/World Security threatened </li></ul><ul><li>Optimistic </li></ul><ul><li>Infusion of younger talent and shift of Aerospace & Defense demographics </li></ul><ul><li>Increase U.S. investments in Space with development of new technologies; opening of new Space Markets and Opportunities for next generation </li></ul><ul><li>Maintain National/World Security </li></ul>
  9. 9. What the Aerospace Industry* Believe Should Be Done To Foster Optimistic Case <ul><li>Partnering with existing programs such as Project Lead The Way, FIRST Robotics and Team America Rocketry Challenge </li></ul><ul><li>Encouraging, supporting and motivating industry professionals to participate in mentoring and other volunteer opportunities in schools and community programs </li></ul><ul><li>Supporting the transition of retirees to K-12 science and mathematics teaching certification and enrichment programs in paid or volunteer positions </li></ul><ul><li>Earmarking corporate grants to educational programs </li></ul>*Source: AIA Report: Industry’s Response to the Workforce Challenge
  10. 10. What Aerojet is Doing to Foster the Optimistic Case <ul><li>GenCorp Foundation/Aerojet Outreach supports local and national STEM education programs </li></ul><ul><li>GenCorp Foundation gives approx. $250,000/year to STEM education programs </li></ul><ul><ul><li>Project Lead the Way </li></ul></ul><ul><ul><li>Virginia Aerospace Science and Technology Scholars (VASTS) </li></ul></ul><ul><ul><li>Challenger Learning Centers </li></ul></ul><ul><ul><li>STARBASE Academy </li></ul></ul><ul><ul><li>Support of Local Science Fairs </li></ul></ul><ul><ul><li>Engineering Programs at Local Universities </li></ul></ul><ul><li>Sponsor of Team America Rocket Challenge </li></ul><ul><li>Educational Gift Matching Program which matches employees’ financial gifts to K-12 schools and universities, dollar for dollar, and </li></ul><ul><li>Dollars for Doers Program matches employees’ time in the classroom with funds for that school . </li></ul><ul><li>Robust Technical Intern Program </li></ul><ul><li>Partnerships with universities in specific areas of Rocket Propulsion Research </li></ul>
  11. 11. What More Can Be Done to Foster the Optimistic Case <ul><li>Focus On Developing More Science/Math Teachers To Be Deployed In Elementary/Junior High </li></ul><ul><li>Prizes For Innovation/Scientific Achievement At All Grade Levels Prior To College </li></ul><ul><li>Increased Science/Math/Technology Scholarships </li></ul><ul><li>Better Outreach To Showcase U.S. Technology To Younger Generation </li></ul>

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