Aircraft Recapitalization, Readiness Dominate Air Force FY-08 Budget Request

By Carlo Muñoz / February 5, 2007 at 5:00 AM
The Air Force's $110 billion "working" budget for fiscal year 2008 is a $6.2 billion increase from the amount it had sought for such funding in FY-07, with a majority of the money going toward aircraft recapitalization and rising operation and maintenance costs, according to service officials and documents. "We are making the best attempt [so] we can to recapitalize . . . and modernize the force," the service's deputy assistant secretary for budget, Maj. Gen. Frank Faykes, told reporters...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.