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Modeling Category and Best Paper Overall Winner Presentation
June 16, 2020 @ 12:00 pm - 1:00 pm
Each webinar attended earns 0.1 points towards CCEA recertification.
Augustine’s Law: Are We Really Headed for the $800 Billion-Dollar Fighter?
Brent M. Johnstone
Webinar Presentation: Tuesday June 16, 2020 at 12:00pm EST RSVP Online
Augustine’s Law famously proposed fighter aircraft costs are growing so rapidly that by 2054 buying a single tactical aircraft will consume the entire defense budget. Is the situation really so dire? This paper examines the trend in U.S. fighter costs and relates them to generational changes in aircraft design and manufacture. It also examines the new jet fighters of the 2000s to see if Augustine’s Law is really unfolding as its author originally thought.