About the Exchange
Since 1895, the Army & Air Force Exchange Service has gone where Soldiers, Airmen and their families go to improve the quality of their lives by providing valued, tax-free goods and services at exclusive military pricing.
The Exchange is the 61st-largest retailer in the United States. Its earnings provided $2.1 billion in dividends to support military morale, welfare and recreation programs over the last 10 years. The Exchange is a non-appropriated fund entity of the Department of Defense and is directed by a Board of Directors. Visit Public Affairs or view these quick facts to learn more.
Our Mission and Core Values
- Mission: Since 1895, the Army & Air Force Exchange Service has gone where Warfighters and their families go to provide quality, tax-free merchandise and goods and services military communities need - regardless of location, risk or challenge.
- Core Values: Family Serving Family, Respect Everyone, Courage to Use Good Judgment
100% of Exchange earnings support the military community. In the past 10 years, the Exchange has contributed $2.1 billion to programs that support readiness and resiliency, including Child, Youth and School Services; Armed Forces Recreation Centers; and more.
The Department of Defense’s largest retailer, the Exchange is governed by a Board of Directors responsible to the Secretaries of the Army and Air Force.
The Exchange operates more than 4,900 facilities, including main PXs/BXs, convenience stores, Military Clothing stores, restaurants, mall stores and kiosks, wellness services, movie theaters, gas stations and other specialty retail businesses on military installations. Shoppers can also find more than 2 million items are available at ShopMyExchange.com. The Exchange’s operations span 50 states, four U.S. territories and more than 30 countries.
The Exchange is a major source of employment for members of the Army and Air Force family. Approximately 85% of the Exchange’s 35,000 associates share a connection to the military, and 45% of the Exchange’s U.S. workforce is made up of Veterans, military spouses or dependents.