Maj. Gen. Stephen Lorenz, a top Air Force budget official, says USAF is in the hole by about $800 million this year—all due to fuel increases. The big gas guzzler is Operation Noble Eagle, the domestic air defense activity now ending its fourth year. Noble Eagle now has a total annual price tag of $1.2 billion—or about $100 million per month.
Sierra Nevada Corp. has acquired five ex-Korean Air 747-8 jumbo jets on which it will host the Survivable Airborne Operations Center. The jets will be transferred next year and will serve as the platforms for the SAOC, the $13 billion contract for which SNC won last month. The jets were…