Foy Lee Price was born in Bristol, Tennessee, the son of Joseph Samuel Price and Ida Effie Morrell. He enlisted in the United States Army Air Corps (USAAC) at Fort McPherson in Atlanta, Georgia on 20 March 1941. Foy received training at Pensacola, Florida and Camp Polk, Louisiana before being assigned to the 21st Bomb Squadron, 30th Bomb Group, 11th Air Force at March Field, Riverside, California.
He is memorialized on the Tablets of the Missing at Honolulu Memorial in Hawaii. He is also memorialized at the Maple Lawn Cemetery, Highway 11E, Jonesborough, TN
On 7 June 1942, six B-24D Liberator bombers and their crews were loaned to the 28th Composite Group in Alaska to conduct air combat missions against the Japanese in the Aleutians, Foy was a gunner on one of those crews. He was on a bombing mission with his crew aboard B-24D Liberator #41-63752 on 30 March 1943, when it was hit by Japanese anti-aircraft fire over Kiska Island, Aleutian Islands, Alaska. The bomber went down in the Bering Sea and was never seen again. Foy participated in three Unit Campaigns: Antisubmarine; Air Offensive, Japan and the Aleutian Islands. He was awarded the Purple Heart medal and received the Air Medal with Oak Leaf Cluster.
- Rank: Staff Sergeant
- Date of birth: 17 June 1912
- Date of death: 30 March 1943
- County: Washington
- Hometown: Jonesboro
- Service Branch: Army/Army Air Forces
- Division/Assignment: 21st Bomber Squadron, 30th Bomber Group, Heavy
- Theater: Pacific
- Conflict: World War II
- Awards: Air Medal with Oak Leaf Cluster, Purple Heart
- Burial/Memorial Location: Honolulu Memorial, Honolulu, Hawaii
- Location In Memorial: Pillar XIX, Middle Panel
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