Bush Budget Includes $250 Million for Tankers
From Reuters
President Bush’s defense budget plan for fiscal 2007 earmarks $250 million to start replacing the military’s aging fleet of aerial refueling tankers, an Air Force budget official said.
Maj. Gen. Frank Faykes said the Pentagon’s longer-term budget plan foresaw spending $8 billion on tanker “recapitalization” through fiscal 2011.
Congress in 2004 killed the Air Force’s proposed $23.5-billion agreement with Chicago-based Boeing Co. to buy and lease 100 767s as refueling tankers.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.