The advancement in technology helped change how things occurred. In 1953, the 301st Bomb Wing received the advanced B-47 Stratojet bomber. In addition, they replaced the KB-29 tankers with KC-97 tankers, a reflection of the use of advanced technology. The tankers were transferred from Barksdale Air Force Base to Lockbourne AFB on April 15, 1955. The tankers had upgrades in electronics, a significant technical advancement for the U.S. Air Force. The B-47 Stratojet bomber was last used in 1964 because it was replaced by the KC-135 as an air refueling wing, a sign of the change in technology.In 1974, Lockbourne Air Force Base was renamed Rickenbacker Air Force Base after former racecar driver and pilot Eddie Rickenbacker, who was from the area. In 1991, the base was supposed to close, but the state of Ohio proposed that the base stay open. A decision was made to keep the based opened for the National Guard, a result recorded by the Commission in 1993.
In 1984, 1,642.62 acres were used to create the Rickenbacker Port Authority and in that same year, it was renamed The Rickenbacker International Airport. Since then, the airport has made multiple upgrades to accompany the changes in modern technology.