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Air Force Requests 9.5 Percent Funding Increase, Will Compete Three Launches

Friday, February 27th, 2015

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The Air Force is requesting roughly 9.5 percent more funding for fiscal year 2016 than what was enacted in FY ’15 while the service also plans on competing three launches.The Air Force requested $167.3 billion for FY ’16, roughly $14.5 billion more than appropriated last year, according to budget documents released Feb. 2. This includes $122.2 billion for the “blue total obligation authority (TOA)” that covers procurement, operations and maintenance (O&M), and research, development, test and evaluation (RDT&E), among others.…

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