
The Mitchell Institute for Aerospace Studies is proud to present The Aerospace Advantage, with Heather ”Lucky” Penney as the host. Every week, Lucky takes listeners into the world of aerospace power and help the audience understand what it takes to fly and fight in the sky, while also protecting America’s interests in space. Whether talking to top generals, standing on a flight line full of combat aircraft, looking at a rocket being prepared for launch, or hearing from those who have laid it all on the line in defense of the nation—this podcast will afford unprecedented access and insight into where the combat aerospace community is going and why.
The Mitchell Institute for Aerospace Studies is proud to present The Aerospace Advantage, with Heather ”Lucky” Penney as the host. Every week, Lucky takes listeners into the world of aerospace power and help the audience understand what it takes to fly and fight in the sky, while also protecting America’s interests in space. Whether talking to top generals, standing on a flight line full of combat aircraft, looking at a rocket being prepared for launch, or hearing from those who have laid it all on the line in defense of the nation—this podcast will afford unprecedented access and insight into where the combat aerospace community is going and why.
Episodes

Saturday May 09, 2026
Want to Reset the Air Force? Lessons from the Reagan Build-Up — Ep. 289
Saturday May 09, 2026
Saturday May 09, 2026
Episode Summary:
President Trump's defense spending boost presents major opportunities for the Air Force. However, many officials have spent their entire careers living through extended periods of austerity—with budget toplines driving decisions, not what they really need to meet requirements. Switching gears to grow the force involves a different mindset to address different challenges and maximize opportunities. That’s what we discuss today: how do we grow the Air Force?
We are joined by two legends of airpower for this conversation: Gen. Ron Fogleman, USAF (Ret.), the 15th Chief of Staff of the Air Force, and Gen. Mike Loh, USAF (Ret.), who served as the Vice Chief of Staff of the Air Force and later as the first commander of Air Combat Command. They both spent time in key plans and program assignments during the Reagan-era build up, the last time the Air Force saw a surge of investment.
Credits:
Host: Heather "Lucky" Penney, Director of Research, The Mitchell Institute for Aerospace Studies
Producer: Shane Thin
Executive Producer: Douglas Birkey
Guest: Gen. John Michael Loh, USAF (Ret.), Former Vice Chief of Staff of the Air Force & Commander, Air Combat Command
Guest: Gen. Ron Fogleman, USAF (Ret.), Former Chief of Staff of the Air Force, #15
Guest: John "JV" Venable, Senior Fellow for Airpower Studies, The Mitchell Institute for Aerospace Studies
Links:
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