Army and Air Force Exchange Service (AAFES) is an agency of the United States Department of Defense (DoD). Its dual missions are to provide quality merchandise and necessary services and convenience to customers at uniform low prices, and to generate earnings to supplement funds in support of United States Army and Air Force Morale, Welfare, and Recreation (MWR) programs.
The Exchange returns about two-thirds of its earnings back to its customer base through MWR programs. The Exchange funds 98% of its own operating budget, with the remaining 2% coming from the Department of Defense.
The Exchange runs more than 3,700 facilities, including base exchanges, at US Army and Air Force bases in more than 30 countries, all 50 U.S. states, and five U.S. territories. The Exchange serves active-duty military personnel, reservists, retirees, and their family members.
The Exchange had revenue of over $10 billion in 2011. Starting Veterans Day, Nov. 11, 2017, military exchanges will offer online exchange shopping privileges to an estimated 18.5 million honorably discharged veterans.
Army and Air Force Exchange ServiceArmy and Air Force Exchange Service (AAFES) is an agency of the United States Department of Defense (DoD). Its dual missions are to provide quality merchandise and necessary services and convenience to customers at uniform low prices, and to generate earnings to supplement funds in support of United States Army and Air Force Morale, Welfare, and Recreation (MWR) programs.
The Exchange returns about two-thirds of its earnings back to its customer base through MWR programs. The Exchange funds 98% of its own operating budget, with the remaining 2% coming from the Department of Defense.
The Exchange runs more than 3,700 facilities, including base exchanges, at US Army and Air Force bases in more than 30 countries, all 50 U.S. states, and five U.S. territories. The Exchange serves active-duty military personnel, reservists, retirees, and their family members.
History
The Exchange had revenue of over $10 billion in 2011. Starting Veterans Day, Nov. 11, 2017, military exchanges will offer online exchange shopping privileges to an estimated 18.5 million honorably discharged veterans.