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Technology Stocks : ACII - AmeriChip International, Inc

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From: wso22/19/2008 1:07:12 PM
   of 2396
 
OT: lots of machining needs out there!

Air Force: Billions needed to fix aging aircrafts

Associated Press

WASHINGTON — Air Force officials are warning that unless their budget is increased dramatically, and soon, the military's high-flying branch won't dominate the skies as it has for decades.

After more than six of war in Afghanistan and Iraq, the Air Force's aging jet fighters, bombers, cargo aircraft and gunships are at the breaking point, they say, and expensive, ultramodern replacements are needed fast.

"What we've done is put the requirement on the table that says, 'If we're going to do the missions you're going to ask us to do, it will require this kind of investment,"' Maj. Gen. Paul Selva, the Air Force's director of strategic planning, said in an interview with The Associated Press.

"Failing that, we take what is already a geriatric Air Force," Selva said, "and we drive it for another 20 years into an area of uncertainty."

An extra $20 billion each year over the next five — beginning with an Air Force budget of about $137 billion in 2009 instead of the $117 billion proposed by the Bush administration — would solve that problem, according to Selva and other senior Air Force officers.
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