The purpose of this thesis is to determine which form of airpower will best serve American power projection requirements as we approach the turn of the century. It examines three forms of airpower: carrier air, long-range combat air (B-2), and theater air (i.e., F-15, F-16, and EF-111). The author concludes that theater aircraft are the mainstay of US airpower. Theater airpower was the decisive form of airpower in our three major conflicts since World War II (Korea, Vietnam, and Iraq) and will be in the regional conflicts of the future. It is superior in the broadest sense of the word-economically, militarily, and politically.