The Air Force’s share of the increase in the military’s European Reassurance Initiative will focus on new rotations of aircraft through the continent and more exercises for aircrews, Air Force Secretary Deborah Lee James said Feb. 12 at an AFA-sponsored Air Force breakfast in Arlington, Va. The Defense Department in its Fiscal 2017 budget request is asking for $3.4 billion for the European Reassurance Initiative, a quadrupling of Fiscal 2016 funding. The Air Force’s share will be between $350-$400 million, James said. The service will use the funding to increase rotations of combat aircraft throughout Europe, and to send more units on training exercises with partner nations. President Obama in announcing the funding said the money shows the US will “stand firm” with allies in Europe. The majority of the money will go toward pre-positioning equipment throughout the continent, Defense Secretary Ash Carter has said.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.