The Air Force Cost Analysis Agency performs independent component cost analyses for major Air Force system programs as required by public law and Department of Defense policy, or those of special interest. It is responsible for cost estimating and for enhancing the state-of-the-art in cost analysis. It provides guidance, analytical support, and quantitative risk analyses to 11 major commands and the Air Force corporate staff on development of cost per flying-hour factors and resource requirements. AFCAA performs special studies supporting long-range planning, force structure, Analysis of Alternatives, and life-cycle cost analyses.2009 Airman Magazine Yearbook
Lineage Constituted as the Air Force Cost Center and activated as a direct reporting unit on 15 June 1986 Status changed to a field operating agency on 5 February 1991 Redesignated Air Force Cost Analysis Agency on 1 August 1991Factsheet Air Force Cost Analysis Agency Air Force Historical Research Agency AFCAA Page
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Air Force Historical Research Agency