Lockheed Martin has teamed with Michelin Aircraft Tire Company to manage logistics and warehousing for all Air Force and Army aircraft tires, per a company release. Michelin picked up a Defense Logistics Agency contract valued at $368 million (or $700 million over 10 years) to privatize tire production and logistics. Lockheed’s share is 15 percent.
The Air Force budget would grow to $234 billion while Space Force spending would shrink to $26 billion under the White House's yearly ask.