Navy: Air wing deactivation expected to save nearly $134 million in FY-17

By Justin Doubleday / February 24, 2016 at 9:15 AM
The Navy expects to save $133.9 million in fiscal year 2017 by deactivating a carrier air wing, with the service anticipating nearly $1 billion in savings across the future years defense program. In FY-17, the service will save $85.5 million in its operations and maintenance account and $48.4 million in military personnel spending by deactivating the Carrier Air Wing 14, according to figures provided by the Navy. Across the FYDP -- covering FY-17 through FY-21 -- the service projects it...

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