Defense Secretary Robert Gates announces sweeping cuts to acquisition programs, including ending the buy of the Air Force’s new F-22 air superiority fighter at 187 aircraft and new C-17 airlifters at 205, postponement of the Next Generation Bomber, and termination of the Combat Search and Rescue helicopter replacement program (CSAR-X), the Transformational Satellite, and the second Airborne Laser aircraft. The announcement also notes USAF’s plan to retire early some 250 legacy fighters. (Day becomes known as “Black Monday.”)
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