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This hourlong event was cohosted by the air force association and Mitchell Institute for aerospace studies. The executive director, thanks to our panelists for making it here. The fall of the soviet union brought in a number of aircraft. Most some areas were reduced even further. There is the actual combat command the remaining aircraft. The capitalization efforts for to our delays, the trend that accelerated with 9 11. The notion of pure competition was provided with an updated way of king. Today the air force finds itself the smallest, oldest aircraft fleet and its history. Near the mission area with high demand with nonstate actors still posing a threat on the low end of the spectrum, nations like iran and north korea remain in contention, china and russia presenting a scale not seen since the cold war. There comes a point when a small number of aircraft can only be stretched so far. This is exactly what the secretary of th ....