It is the home field of the Air Force Falcons football and lacrosse teams of the Mountain West Conference, and also holds the academy's graduation ceremonies each spring.

[9] Planned in 1955,[10][11] Falcon Stadium opened 63 years ago in 1962, at a cost of $3.5 million, and has a current seating capacity of 46,692.

[15] The U.S. Air Force Academy lies at the base of the Rampart Range of the Rocky Mountains, northwest of adjacent Colorado Springs.

[20] Falcon Stadium had a natural grass field for its first 44 years, although the sideline areas where teams stood were artificial turf since the 1980s.

Permanent lighting was installed in Falcon Stadium in 2002 at a cost of $500,000, and the video screen at the south end of the field debuted in 2004.