In recent years, the Air Force and its suppliers have adopted a variety of practices that have improved efficiency and effectiveness but have also made supply chains more brittle and increased risks of supply disruption. This document seeks to help the Air Force develop a strategy for managing supply chain risks during acquisition and sustainment. The authors review the literature on supply chain risk management and report on a series of interviews they conducted with acquisition and sustainment personnel and supply chain experts from commercial enterprises, including representatives of Air Force commodity councils, and the Defense Logistics Agency. They find that many supply chain risks are not considered directly by the Air Force acquisition and sustainment community and that, while some risks are acknowledged, there is little or no strategy in place to mitigate them. They describe a prototype methodology that the Air Force may wish to use in identifying and managing supply chain risks.