Aeronautics Research and Development Revitalization Act of 2003 - Establishes an Office of Aeronautics responsible for planning, budgeting, and managing all aeronautics research, development, and demonstration activities undertaken by the National Aeronautics and Space Administration (NASA). Directs the NASA Administrator to establish certain initiatives to develop technologies that would: (1) significantly reduce aircraft noise, harmful emissions, and fuel consumption; (2) make certain performance improvements to existing rotorcraft; and (3) enable overland flight of supersonic civil transport aircraft with certain performance characteristics. Directs the NASA Administrator to provide specified congressional committees a plan for the implementation of such initiatives.
Directs the NASA Administrator to: (1) award grants to establish university-based Centers for Research on Aviation Training; and (2) establish NASA aeronautics scholarships for U.S. citizens enrolled in accredited Masters degree programs in aeronautical engineering at institutions of higher education.
Authorizes appropriations for certain Federal Aviation Administration research and development projects and activities.
Requires certain aviation-related studies and assessments.