Rapid advances in technology enable incremental developments in the aerospace and defense sector, the most well-known example of which is the evolution of air power. Since the end of the Second World War, the aerospace industry has been constantly developing and providing more capabilities to air forces around the world. These developments can be grouped under ‘generations’ and today, the latest iteration is the fifth generation. Fifth generation combat aircraft or, in more general terms, fifth generation air power is the product of various technological elements and innovations. To fully exploit these developments, air forces need to have interdisciplinary vision and the capability to absorb, deploy and develop skills ranging from requirement definition to program management. This study aims to provide an understanding on the features of the next generation of air warfare, while presenting the status of the Turkish Air Force and offering suggestions on several challenges and opportunities.