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.
Resilient position, navigation, and timing capability and command, control and communications (C3) battle management for moving target indication will be funded with new authority circumventing the traditional lengthy budget process, Secretary of the Air Force Frank Kendall told Congress April 16.