USAF inactivates the 85th Group at NAS Keflavik, Iceland, where it had supported USAF fighter rotations. NAS Keflavik closes Sept. 8, 2006.
Lockheed Martin projects more than a billion dollars of losses on a classified program, but company officials said April 23 they are confident it will turn profitable by 2028 and become a "franchise" system in the U.S. military.