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Aircraft Parts, Uncategorized

Small Business Standards for Aerospace R&D, Adjusted

The Small Business Administration has adjusted the size standards for small businesses that perform research and development in the aerospace field (including businesses that are required to deliver manufactured product as part of a research and development contract).

Research and Development in the Physical, Engineering, and Life Sciences is currently categorized under NAICS 541712.  This NAICS code has three sub-industries or “exceptions.” The SBA feels that the small business standard for these companies should be consistent with that of peer companies that manufacture parts.  SBA is therefore modifying the titles of the three exceptions, and the size thresholds associated with them.

NAICS code NAICS industry title Current size standard (number of employees) New size standard (number of employees)
541712 Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) 500 1000
except Aircraft Engine and Engine Parts 1000 1500
except Other Aircraft Parts and Auxiliary Equipment 1000 1250
except Guided Missiles and Space Vehicles, Their Propulsion Units and Propulsion Parts 1000 1250

This rule change becomes effective on February 26, 2016. Full details of this change are available in the Federal Register.

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About Jason Dickstein

Mr. Dickstein is the President of the Washington Aviation Group, a Washington, DC-based aviation law firm. He represents several aviation trade associations, including the Aviation Suppliers Association, the Aircraft Electronics Association, the Aircraft Fleet Recycling Association and the Modification and Replacement Parts Association.

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