Congress Restores Funding for Combat Flights

At long last, America is flying CAP again.

Air Force and Navy fighter jets returned to the skies Monday, as $1.8 billion in overseas contingency operations funding from Congress restored $423 million needed to pay for aerial operations.

F-22 Raptors training over Wake Island, Source: Air Combat Command

In a statement, Air Combat Command clarified that the funds in question had been previously been cut from its budget because of sequestration. Air Combat Commander Gen. Mike Hostage noted that as a result of these cuts, "since April we've been in a precipitous decline with regard to combat readiness."

The return of funding "reinstates critical training and test operations for the [combat air forces] fleet across the Air Force for the remainder of FY13. This impacts not just Air Combat Command units, but also CAF units assigned to United States Air Forces Europe and Pacific Air Forces." Funding has also been restored for the Air Warfare Center's Weapons School, for Aggressors (U.S. squadrons trained to play the role of "the bad guys" in training missions) and the Thunderbirds aerial demonstration team.

Air Combat Command did not say whether the funds released Monday were related to the $2.3 billion in jet fuel supply contracts awarded to ExxonMobil (NYSE: XOM  ) and other major oil suppliers, announced by the Department of Defense in June. In any event, funds authorized by Congress to reinstate these flight missions will only pay for flights through October 1. After that, and absent new funding, flight time will have to be cut again.

Read/Post Comments (1) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 16, 2013, at 12:13 AM, ken815 wrote:

    Ok, I understand the need to restore combat training and aggressors, those are a matter of national security. But reinstating the Thunderbirds? Come on an aerial DEMONSTRATION team going Temporary duty around the world and every member getting PAID additional funds for this while 180,000 civilain employees are being furloughed. Where are Air Force and Congress SENIOR Leaders minds? Stop the Thunderbird program all together and save $100M plus every year...

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2538877, ~/Articles/ArticleHandler.aspx, 9/28/2016 11:27:02 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,187.08 -41.22 -0.23%
S&P 500 2,153.77 -6.16 -0.29%
NASD 5,286.26 -19.45 -0.37%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 11:10 AM
XOM $83.55 Up +0.31 +0.37%
ExxonMobil CAPS Rating: ****