The Air Force is preparing for a new wave of spending on aircraft procurement, IT modernization, and Space Force. The Bloomberg Government report examines where the money is going in Air, Space and Cyberspace capabilities.
Key takeaways include:
- The Air Force’s fiscal 2019 budget request of $194 billion represents a 6 percent increase above 2018 levels
- The Air Force leads all military services in RDT&E spending — $40.5 billion in fiscal 2019
- The IT budget is expected to peak in fiscal 2019 at $8.5 billion, with the Air Force boosting spending on command and control while cutting spending on infrastructure