This study analyzes the need for a national aerospace strategy that encompasses the two aspects of aerospace power: the aerospace industry and military aerospace. The author assesses the aerospace industry as to its importance to the United States. The conclusion is that this industry provides the kind of high-technology, high-wage jobs necessary to improve the nation’s standard of living in the future. Next, the writer evaluates current military strategies against a set of political imperatives and the reliance each strategy has upon aerospace power. The results of this process show that each military service is very reliant upon aerospace power for the success of its strategy. By coupling these two building blocks with the serious problems that exist in the aerospace industry and in military aerospace, the author shows the need for the United States to develop a national aerospace strategy. The final section of the study proposes the goals and objectives of such a strategy and proposes the formation of a National Aerospace Council to fully develop and implement a national aerospace strategy.