Maj. Gen. Frank Faykes, a senior Air Force budget official, says that the Air Force was forced to levy the upcoming 40,000-person drawdown to pay to modernize weapon systems as DOD’s budget flattens. Faykes laid blame for Fiscal 2007 budget pressures on the deficit, the rising cost of entitlements, and the migration [of funds] to domestic accounts. He said that DOD took $4 billion from the Air Force to pay for non-defense items. Currently, Faykes said, the “big pain” is the soaring cost of fuel in the operations and maintenance account. USAF added $1.1 billion just to pay for aviation jet fuel in 2007.
A new Navy missile could fill a long-range air-to-air need for the U.S. Air Force’s fourth-, fifth-, and sixth-generation fighters. The Navy’s portfolio acquisition executive for munitions posted information on the AIM-424 Long Range Air-to-Air Missile online on Aug. 22, the same day it unveiled the project at the service’s…