Maj. Gen. Frank Faykes, USAF’s deputy assistant secretary for budget, says that the estimated cost to get cut some 40,000 full-time positions—shedding military and civilian personnel—could amount to about $500 million. However, he told attendees Tuesday at AFA’s Air & Space Conference in Washington that the savings potential is huge. For every 10,000 airmen cut, USAF will save a billion dollars, explained Faykes. He cautioned, though, that the Air Force would not know a concrete figure until the drawdown is complete, in 2009.
The Space Development Agency says it’s on track to issue its next batch of missile warning and tracking satellite contracts this month after those awards were delayed by the Pentagon’s decision to divert funds from the agency to pay troops during this fall’s prolonged government shutdown.
