The Air Force is requesting $119 billion in its Fiscal 2012 baseline budget proposal released Monday, plus another $16.4 billion to support the wars in Iraq and Afghanistan. That $135.4 billion for Air Force-specific programs grows to a total of $166.3 billion when factoring the $30.9 billion in joint initiatives—so-called “non-blue” spending—that receive funding from USAF accounts. The $135.4 billion blue request is $4.5 billion less than USAF’s Fiscal 2011 blue proposal of $140.4 billion. The majority of this difference is reflected in the decreased amount requested for overseas contingency operations since all airmen are expected to be out of Iraq by the end of the December. Of the $119 billion baseline request, 63 percent will be used to support day-to-day operations for airmen, such as the 1.2 million allocated flying hours, civilian pay, and restoration and support projects, said Maj. Gen. Alfred Flowers, USAF’s deputy assistant secretary for budget. Continue to Number Crunch
The Pentagon awarded a contract worth over $2 billion for the next batch of F-35 engines to Pratt & Whitney on June 5. The deal for Lot 17 F135 engines, totaling $2.02 billion, is expected to be completed by December 2025.