January 7, 2011 at 8:43am
This from Air Force Times: The Air Force plans to consolidate several units, reduce fuel consumption and implement an array of other cost-cutting measures over the next five years to save $34 billion, money that would be poured back into acquisitions - including a long-range bomber.
Defense Secretary Robert Gates announced the proposals Jan. 6 as part of a sweeping package of reforms that he wants all in place by fiscal 2016. The Air Force refused to add to the comments made by Gates until after he officially rolls out the military's budget next month.
"Our nation and this department are facing fiscal challenges and growing operating expenses for fuel, maintenance, health care, salaries and training," Air Force Secretary Michael Donley and Chief of Staff Gen. Norton Schwartz said in a joint statement released after Gates made his announcement.
For more on the story, click here.
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