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Book Synopsis The Air Force Tanker Lease Proposal by : United States. Congress. House. Committee on Armed Services
Download or read book The Air Force Tanker Lease Proposal written by United States. Congress. House. Committee on Armed Services and published by . This book was released on 2004 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Excerpt from The Air Force Tanker Lease Proposal: Committee on Armed Services, House of Representatives Leasing an aircraft is, to some degree, like leasing a car. Upfront leasing costs are lower than for a purchase and would reduce the impact Of currently budgeted programs. But, over the long-term leasing will cost more. In this case the Air Force tells us that leased costs for the 100 Boeing 767 tankers could be 1 to 11 per cent more expensive than a purchase depending upon assumptions used. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Book Synopsis The Air Force Tanker Lease Proposal by : Committee On Armed Services
Download or read book The Air Force Tanker Lease Proposal written by Committee On Armed Services and published by Forgotten Books. This book was released on 2018-02-12 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Air Force Tanker Lease Proposal: Committee on Armed Services, House of Representatives Leasing an aircraft is, to some degree, like leasing a car. Upfront leasing costs are lower than for a purchase and would reduce the impact Of currently budgeted programs. But, over the long-term leasing will cost more. In this case the Air Force tells us that leased costs for the 100 Boeing 767 tankers could be 1 to 11 per cent more expensive than a purchase depending upon assumptions used. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The Air Force wishes to replace its KC-135E aircraft by leasing 100 new Boeing KC-767 tankers. The Air Force indicates that leasing is preferred because it will result in faster deliveries than outright purchasing. Air Force leaders argue that a lease will allow them to husband scarce procurement dollars by making a small down payment. Although Congress authorized the proposed lease in the FY2002 DOD Appropriations Act, it stipulated that the defense oversight committees must approve the lease only the Senate Armed Services Committee has yet to approve. The lease proposal has been controversial and issues raised thus far include: Whether there is an urgent need to replace the KC-135-135 fleet. The Air Force states that replacing the KC-135 is urgent, citing high costs, aircraft vulnerability to catastrophic problems, and the imminent closing of the 767 production line. Opponents of the lease state that operating costs are controllable and will be far lower than the overall costs of leasing the 767; that the vulnerability is no more than depicted in a 2-year old study which the Air Force found acceptable; and that the 767 production line is viable until 2006-2008. Whether the KC-767 is the right airplane. If acquired, the KC-767 may be in DoD's inventory for 50 years. The Air Force says that the KC-767 is much more capable than the KC-135. Opponents say that other aircraft are even better than the KC-767 in meeting the Air Force's requirements. The Air Force opposes re-engining KC-135Es, but opponents say it merits attention, as does outsourcing aerial refueling.
Book Synopsis The Air Force KC-767 Tanker Lease Proposal by :
Download or read book The Air Force KC-767 Tanker Lease Proposal written by and published by . This book was released on 2003 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Air Force wishes to replace its KC-135E aircraft by leasing 100 new Boeing KC-767 tankers. The Air Force indicates that leasing is preferred because it will result in faster deliveries than outright purchasing. Air Force leaders argue that a lease will allow them to husband scarce procurement dollars by making a small down payment. Although Congress authorized the proposed lease in the FY2002 DOD Appropriations Act, it stipulated that the defense oversight committees must approve the lease only the Senate Armed Services Committee has yet to approve. The lease proposal has been controversial and issues raised thus far include: Whether there is an urgent need to replace the KC-135-135 fleet. The Air Force states that replacing the KC-135 is urgent, citing high costs, aircraft vulnerability to catastrophic problems, and the imminent closing of the 767 production line. Opponents of the lease state that operating costs are controllable and will be far lower than the overall costs of leasing the 767; that the vulnerability is no more than depicted in a 2-year old study which the Air Force found acceptable; and that the 767 production line is viable until 2006-2008. Whether the KC-767 is the right airplane. If acquired, the KC-767 may be in DoD's inventory for 50 years. The Air Force says that the KC-767 is much more capable than the KC-135. Opponents say that other aircraft are even better than the KC-767 in meeting the Air Force's requirements. The Air Force opposes re-engining KC-135Es, but opponents say it merits attention, as does outsourcing aerial refueling.
Book Synopsis The Proposed Lease of 100 KC-767 Aerial Refueling Tanker Aircraft by the U.S. Air Force by : United States. Congress. Senate. Committee on Armed Services
Download or read book The Proposed Lease of 100 KC-767 Aerial Refueling Tanker Aircraft by the U.S. Air Force written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2004 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis THE AIR FORCE TANKER LEASE PROPOSAL... HEARING... COMMITTEE ON ARMED SERVICES... U.S. HOUSE OF REPRESENTATIVES... 108TH CONGRESS, 1ST SESSION. by : United States. Congress. House. Committee on Armed Services
Download or read book THE AIR FORCE TANKER LEASE PROPOSAL... HEARING... COMMITTEE ON ARMED SERVICES... U.S. HOUSE OF REPRESENTATIVES... 108TH CONGRESS, 1ST SESSION. written by United States. Congress. House. Committee on Armed Services and published by . This book was released on 2004* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis The Air Force Tanker Lease Proposal by : United States Congress House Committe
Download or read book The Air Force Tanker Lease Proposal written by United States Congress House Committe and published by Palala Press. This book was released on 2015-09-09 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
This report assesses the Air Force's plan to replace a portion of its KC-135 aerial refueling tanker fleet with leased Boeing 767 aircraft. It also assesses aerial refueling tanker requirements; the cost-effectiveness of different options (lease, purchase, modify, or extend the service life of the fleet); the policy for leasing major defense acquisition programs; the costs associated with infrastructure improvements; and the depot maintenance backlog. Recognizing that the full extent of this analysis could not be done before the terms of the lease were negotiated, you asked that we provide the preliminary results of our efforts by May 15, 2002.
Book Synopsis Air Force aircraft preliminary information on Air Force tanker leasing by :
Download or read book Air Force aircraft preliminary information on Air Force tanker leasing written by and published by DIANE Publishing. This book was released on 2002 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the Air Force's plan to replace a portion of its KC-135 aerial refueling tanker fleet with leased Boeing 767 aircraft. It also assesses aerial refueling tanker requirements; the cost-effectiveness of different options (lease, purchase, modify, or extend the service life of the fleet); the policy for leasing major defense acquisition programs; the costs associated with infrastructure improvements; and the depot maintenance backlog. Recognizing that the full extent of this analysis could not be done before the terms of the lease were negotiated, you asked that we provide the preliminary results of our efforts by May 15, 2002.
Book Synopsis Proposed Lease of Boeing 767 Tankers by USAF by : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Download or read book Proposed Lease of Boeing 767 Tankers by USAF written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2014 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
The proposed lease of the KC-767 tanker aircraft was one of the most infamous procurement scandals of the post-Cold War era. Interactions within the military-industrial-congressional complex led to legislation permitting the Air Force to lease tankers from Boeing using an operating lease rather than standard procurement. Following the outcry from Congress, industry, the media, and numerous watchdog groups, Congress and the Department of Defense (DOD) launched a wave of investigations and hearings. During the lease debate, participants reached a number of compromises documented in congressional legislation. However, this was not sufficient to continue the lease process. After nearly 4 years, Congress cancelled the tanker lease and directed the Air Force to pursue a traditional procurement approach.
Book Synopsis The Iron Triangle Manifested: U.S. Air Force Tanker Lease 2001-2005 (Case Study) by : National Defense University
Download or read book The Iron Triangle Manifested: U.S. Air Force Tanker Lease 2001-2005 (Case Study) written by National Defense University and published by Lulu.com. This book was released on 2015-10-17 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed lease of the KC-767 tanker aircraft was one of the most infamous procurement scandals of the post-Cold War era. Interactions within the military-industrial-congressional complex led to legislation permitting the Air Force to lease tankers from Boeing using an operating lease rather than standard procurement. Following the outcry from Congress, industry, the media, and numerous watchdog groups, Congress and the Department of Defense (DOD) launched a wave of investigations and hearings. During the lease debate, participants reached a number of compromises documented in congressional legislation. However, this was not sufficient to continue the lease process. After nearly 4 years, Congress cancelled the tanker lease and directed the Air Force to pursue a traditional procurement approach.
The Air Force wishes to replace its KC-135E aircraft by leasing 100 new Boeing KC-767 tankers. The Air Force indicates that leasing is preferred because it will result in faster deliveries than outright purchasing. Air Force leaders argue that a lease will allow them to husband scarce procurement dollars by making a small down payment. Although Congress authorized the proposed lease in the FY2002 DOD Appropriations Act, it stipulated that the defense oversight committees must approve the lease only the Senate Armed Services Committee has yet to approve. The lease proposal has been controversial and issues raised thus far include: Whether there is an urgent need to replace the KC-135 fleet. The Air Force states that replacing the KC-135 is urgent, citing high costs, aircraft vulnerability to catastrophic problems, and the imminent closing of the 767 production line. Opponents of the lease state that operating costs are controllable and will be far lower than the overall costs of leasing the 767; that the vulnerability is no more than depicted in a 2-year old study which the Air Force found acceptable; and that the 767 production line is viable until 2006-2008. Whether the KC-767 is the right airplane. If acquired, the KC-767 may be in DOD's inventory for 50 years. The Air Force says that the KC-767 is much more capable than the KC-135. Opponents say that other aircraft are even better than the KC-767 in meeting the Air Force's requirements. The Air Force opposes re-engining KC-135Es, but opponents say it merits attention, as does outsourcing aerial refueling. Whether the Air Force cost comparison is authoritative. The Air Force's report to Congress calculates that a 767 lease would cost $150 million more than a purchase on a net present value basis. This calculation, however, is sensitive to many assumptions. CRS analysis shows that several assumptions built into the calculation, if treated differently than in the Air Force report, could change the calculation by hundreds of millions of dollars each. Although some could change the calculation to favor either the lease or the purchase, others such as the discount rate used to calculate net present value and whether to use multi-year procurement for the purchase option could be more likely to alter the comparison more in favor of the purchase option. Whether this lease has implications for congressional budget oversight. The proposed lease appears to be an unprecedented method of funding a major new defense procurement. Critics point out that this approach is coupled with exemptions from longstanding laws on budgeting and defense procurement. The proposed lease raises policy issues regarding the visibility of full costs for DoD programs in the congressional oversight process, including questions concerning locking in budgetary resources when costs are uncertain, appropriateness of using an operating lease for this proposal, the impact of a Special Purpose Entity, and the potential for deviation from full-funding of the government's contractual liability. This report will not be updated.
Book Synopsis The Air Force KC-767 Lease Proposal by :
Download or read book The Air Force KC-767 Lease Proposal written by and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Air Force wishes to replace its KC-135E aircraft by leasing 100 new Boeing KC-767 tankers. The Air Force indicates that leasing is preferred because it will result in faster deliveries than outright purchasing. Air Force leaders argue that a lease will allow them to husband scarce procurement dollars by making a small down payment. Although Congress authorized the proposed lease in the FY2002 DOD Appropriations Act, it stipulated that the defense oversight committees must approve the lease only the Senate Armed Services Committee has yet to approve. The lease proposal has been controversial and issues raised thus far include: Whether there is an urgent need to replace the KC-135 fleet. The Air Force states that replacing the KC-135 is urgent, citing high costs, aircraft vulnerability to catastrophic problems, and the imminent closing of the 767 production line. Opponents of the lease state that operating costs are controllable and will be far lower than the overall costs of leasing the 767; that the vulnerability is no more than depicted in a 2-year old study which the Air Force found acceptable; and that the 767 production line is viable until 2006-2008. Whether the KC-767 is the right airplane. If acquired, the KC-767 may be in DOD's inventory for 50 years. The Air Force says that the KC-767 is much more capable than the KC-135. Opponents say that other aircraft are even better than the KC-767 in meeting the Air Force's requirements. The Air Force opposes re-engining KC-135Es, but opponents say it merits attention, as does outsourcing aerial refueling. Whether the Air Force cost comparison is authoritative. The Air Force's report to Congress calculates that a 767 lease would cost $150 million more than a purchase on a net present value basis. This calculation, however, is sensitive to many assumptions. CRS analysis shows that several assumptions built into the calculation, if treated differently than in the Air Force report, could change the calculation by hundreds of millions of dollars each. Although some could change the calculation to favor either the lease or the purchase, others such as the discount rate used to calculate net present value and whether to use multi-year procurement for the purchase option could be more likely to alter the comparison more in favor of the purchase option. Whether this lease has implications for congressional budget oversight. The proposed lease appears to be an unprecedented method of funding a major new defense procurement. Critics point out that this approach is coupled with exemptions from longstanding laws on budgeting and defense procurement. The proposed lease raises policy issues regarding the visibility of full costs for DoD programs in the congressional oversight process, including questions concerning locking in budgetary resources when costs are uncertain, appropriateness of using an operating lease for this proposal, the impact of a Special Purpose Entity, and the potential for deviation from full-funding of the government's contractual liability. This report will not be updated.
