Sign In
Search
Air Force

CBO Report: Cost to Replace Air Force Fleet to Top $26 Billion in 2033

Vivienne Machi By
SHARE:
CBO Report: Cost to Replace Air Force Fleet to Top $26 Billion in 2033
US Air Force insignia on an aging jet plane.

The cost to replace the Air Force’s aging aircraft fleet and build new advanced jets is only expected to rise over the next three decades, averaging between $15 billion and $23 billion through 2040, according to a new Congressional Budget Office report.The CBO report, titled “The Cost of Replacing Today’s Air Force Fleet” and released Dec. 11, projects that the cost of procuring new Air Force aircraft will surpass $15 billion in the mid- to late-2020s, peaking at around $26…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

USAF Seeking Advanced IR Countermeasures For HH-60Ws

Air Force

Army Plans No JLTV Buy In FY ‘27, While Marines, Air Force Stick With Procurement

Air Force

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

Air Force

Space Force Requests More Than $8 Billion For Space-Based AMTI

Trending

Lockheed Martin Boosts Venture Arm To $1 Billion
Lockheed Martin Planning Next-Generation Space Dominance Demos On Orbit
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
Defense Watch: EA-37s in Wargame, Laser Use OK’d, Army ADOC, UAS Award, FMD Chief Back
Space Force Awards 14 Companies Space Domain Awareness Contracts Under “Andromeda”

Congress Updates

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume