Following a meeting of service chiefs a month earlier, Secretary of Defense James V. Forrestal issues a memo that will come to be known as the “Key West Agreement” that defines the role and responsibilities of the services. The memo assigns the primary responsibility for air defense of the United States to the Air Force.
President Donald Trump is proposing a 13 percent increase in defense spending for fiscal 2026, growth that could mean the first ever $1 trillion defense budget, according to a document obtained by Air & Space Forces Magazine.