World War I ace Edward V. Rickenbacker buys a majority stake in Eastern Air Lines from North American Aviation for $3.5 million. That sum would roughly cover the cost of a single engine for a Boeing 757 today.
House, Senate Unveil Competing Proposals for 2026 Budget
July 11, 2025
Lawmakers from the House and Senate laid out competing versions of the annual defense policy bill on July 11, with vastly different potential outcomes for some of the Air Force’s most embattled programs.