The end of the Cold War created a golden opportunity for reducing the defense burden and providing taxpayers with a "Peace Dividend." For the United States Air Force, this resulted over the past six years in drastic reductions: 23% in aircraft inventory, 30% in personnel, and 32% in the number of bases and other major installations. Well-known and long-serving aircraft, such as the A-7D/K, the B-52G, the F-4C/D/E, the F-111A/D, the FB-111A and the SR-71, have been withdrawn from active and reserve components, and some states, such as California, have lost nearly half of their Air Force bases. Illustrated with over 410 color photos, this new book provides a rich pictorial record of aircraft (including old and new markings) and units which no longer exist, and offers a visual chronicle of organizational changes between 1988-1995.