Space Force May Seek Commercial Fleet to Augment Wartime Needs

LRNR3JNFA5CRPA5ZFANYEDXLVE

WASHINGTON — The U.S. Space Force may seek to deepen partnerships with private companies by establishing a fleet of commercial spacecraft that could be on standby for military use, much like the Civil Reserve Air Fleet.

Through the CRAF, the Department of Defense contracts with commercial airlines to provide additional airlift capacity in emergencies. The reserve fleet has been activated just three times in its 70 year history, most recently in the summer of 2021 to aid in the U.S. military’s evacuation mission in Afghanistan.

More News & Insights

(2023 03 26) Event Recap [crop]

Event Recaps – March 26, 2023

A select BENS Member delegation traveled to Norfolk, Virginia as guests of US Navy’s Fleet Forces Command. Our Members visited a variety of shipyards and drydocks and attended a series…

Pisani Shenkman Mack Credit Alan Barnett 998x665

BENS Member Mark Shenkman

BENS Member Mark Shenkman, Founder and President of Shenkman Capital Management was honored with the Museum of American Finance’s Lifetime Achievement Award for his outstanding career in the investment industry.

4WC7W5K3TNNE7NFYNA5VWRZXN4

South Korea, U.S. to Hold Largest Live-Fire Drills Amid North Korea Tension

SEOUL, March 22 (Reuters) – South Korean and U.S. forces will hold their largest-ever live-fire exercises in June in a show of force to North Korea, which has ratcheted up…

Receive BENS news and insights in your inbox.