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The Air Force Kc 767 Lease Proposal
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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.
Book Synopsis Air Force KC-767 Lease Proposal by : Christopher C. Bolkcom
Download or read book Air Force KC-767 Lease Proposal written by Christopher C. Bolkcom 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.
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 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Proposed Lease of 100 Kc-767 Aerial Refueling Tanker Aircraft by the U.S. Air Force by : United States Congress Senate Committ
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 Committ and published by Palala Press. This book was released on 2015-09-05 with total page 216 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.
Author :United States. Congress. Senate. Committee on Commerce, Science, and Transportation Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.:/5 (319 download)
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:
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 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Proposed Lease of 100 KC-767 Aerial Refueling Tanker Aircraft By The U.S. Air Force, S. Hrg. 108-572, September 4, 2003, 108-1 Hearing, * 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, S. Hrg. 108-572, September 4, 2003, 108-1 Hearing, * written by United States. Congress. Senate. 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:
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 The Proposed Lease of 100 Kc-767 Aerial Refueling Tanker Aircraft by the U. S. Air Force by : U. S. 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 U. S. Committee On Armed Services and published by Forgotten Books. This book was released on 2018-02-08 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Proposed Lease of 100 Kc-767 Aerial Refueling Tanker Aircraft by the U. S. Air Force: Hearing Before the Committee on Armed Services, United States Senate, One Hundred Eighth Congress, First Session; September 4, 2003 Air refueling tankers ensure our nation has the global reach to respond quickly and decisively anywhere in the world. They enable other aircraft to fly farther, stay airborne longer, and carry more weapons, equipment, and supplies at home and around the world. Air Force tankers refuel not only other Air Force aircraft, but Navy, Marine Corps and allied aircraft as well. They enable our entire force to protect our homeland, conduct combat operations, and provide humanitarian relief around the world As we just experienced in Operation Enduring Freedom and Operation Iraqi Freedom, the Air Force tanker was a critical force enabler and force multiplier that allowed our coalition force to operate with impunity over a distant battlefield. Without a robust and reliable air refueling fleet, no existing war plan, humanitarian mission. Or extended special air mission can be flown without the permission a'nd concurrence of other sovereign nations for landing rights to refuel. In short, our National Security Strategy is unexecutable without air refueling tankers. 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 Air Force Aircraft by : U S Government Accountability Office (G
Download or read book Air Force Aircraft written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO addressed the Air Force's plan to replace a portion of its KC-135 aerial refueling tanker fleet with leased Boeing 767 aircraft. Although the Air Force has a long term requirement to replace its aging fleet of KC-135 tankers, the urgency of the need in the short term is unclear. The Air Force stated that the leasing arrangement would allow it to acquire new tankers three years earlier than through its most recent procurement plan. This would allow the Air Force to retire old, less capable KC-135s, thus saving maintenance costs on those aircraft. Because the Air Force is still negotiating the lease details, it could not provide information on the cost effectiveness of leasing aircraft instead of purchasing them. Although GAO has not taken a position on the overall policy of leasing versus purchasing defense equipment, it found that, from a cost standpoint, leasing is more expensive in the long run. Because the 767 aircraft is larger than the KC-135, there will be some infrastructure improvement costs, such as for building or modifying hangars, taxiways, and runway aprons. Additional costs would likely include simulators and project management. The depots have undertaken some measures to speed up KC-135 maintenance and repair times; however, the extent to which these actions are helping or whether other measures could be taken is unknown.
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:
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.
Book Synopsis An Examination of the United States Air Force Proposed Lease of Refueling Tankers by : Daniel L. Furber
Download or read book An Examination of the United States Air Force Proposed Lease of Refueling Tankers written by Daniel L. Furber and published by . This book was released on 2004-06-01 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project analyzes the proposed United States Air Force "acquisition" of 100 KC-767A tankers to replace KC-135E Statotankers. The Air Force intended to use an operating lease to obtain the services of these KC- 767As in a timely manner and begin recapitalization of the aging aerial refueling fleet. There are three major research questions driving this project. First, in terms of national security, mission, and readiness, is there an immediate need for the Air Force to replace the KC-135? Second, if there is a need to replace the KC-135, is the KC-767A the best aircraft to satisfy the Air Force's long-term objectives? Finally, using the proposed lease of 100 aircraft, as the Air Force suggested, is leasing the best financial alternative to replace the KC-135? To answer these questions an examination of the KC-135 history, history of the proposed lease, comparison of alternative aircraft and solutions, stakeholder analysis, comparison of operating and capital leases, cost analysis, acquisition process, and other issues are presented. The examination concludes that the Air Force's proposed solution using the KC-767 aircraft and the operating lease method is not the best available.
Book Synopsis Improving the Efficiency of Engines for Large Nonfighter Aircraft by : National Research Council
Download or read book Improving the Efficiency of Engines for Large Nonfighter Aircraft written by National Research Council and published by National Academies Press. This book was released on 2007-08-30 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because of the important national defense contribution of large, non-fighter aircraft, rapidly increasing fuel costs and increasing dependence on imported oil have triggered significant interest in increased aircraft engine efficiency by the U.S. Air Force. To help address this need, the Air Force asked the National Research Council (NRC) to examine and assess technical options for improving engine efficiency of all large non-fighter aircraft under Air Force command. This report presents a review of current Air Force fuel consumption patterns; an analysis of previous programs designed to replace aircraft engines; an examination of proposed engine modifications; an assessment of the potential impact of alternative fuels and engine science and technology programs, and an analysis of costs and funding requirements.
Download or read book Military Aircraft written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: At 543 aircraft, the KC-135 is the mainstay of U.S. aerial refueling capability. Recapitalizing this fleet is crucial to maintaining this capability and, ultimately, maintaining the mobility of U.S. forces. In the fiscal year 2002 defense appropriations act, the Congress authorized the Air Force to lease up to 100 aerial refueling aircraft after the Air Force reported its plans to the Senate and House Armed Services Committees and Defense Appropriations Subcommittees. The Air Force sent Congress on July 10 its report containing a business case analysis of its proposed lease. The Air Force plans to lease 100 KC-767A aircraft for 6 years each from a special purpose entity (SPE) that will order the aircraft from the Boeing Company. GAO was asked to (1) summarize the Air Force's report for leasing KC-767A aircraft, (2) present its observations on the report and justification for the lease, and (3) identify related issues and costs to assist the Congress as it considers the Air Force's proposal. The Air Force report indicates the following: (1) leasing costs more than buying by $150 million (net present value); (2) replacing the KC-135 is urgent because of aging and corrosion; (3) the Air Force will pay 89.9 percent of aircraft's fair market value--$138.4 million--complying with the Office of Management and Budget's (OMB's) requirement that the price not exceed 90 percent; and (4) the Air Force may return the planes or buy them for about $44 million per aircraft (if authorized by the Congress) at the end of the lease. GAO has the following observations about the lease report: (1) purchasing could be up to $1.9 billion cheaper (net present value), if multi-year procurement authority were granted; (2) the Air Force believes that replacement is urgent because of decreased availability, increased maintenance costs, and the risk of fleet wide grounding for the KC-135, although until recently, recapitalization had not been a high enough priority to successfully compete for funding; and (3) the lease payments comply with OMB requirements only if $7.4 million in construction financing is added to the $131 million-per-aircraft purchase price, for a total of $138.4 million per aircraft. Otherwise, the lease payments represent about 93 percent of the value of the aircraft. Other issues the Congress may wish to examine include the following: (1) Boeing will maintain the aircraft for between $5 billion and $5.7 billion during the lease period; KC-135 total operating and support costs were about $4.3 million to $4.5 million per year per aircraft in fiscal year 2002; (2) Boeing's profit is limited to 15 percent on the KC-767As compared to about 6 percent on commercial 767s, according to one financial analysis; and (3) leasing delays payments for the first 100 aircraft so acquiring 100 more tankers will significantly increase outlays in the 2012-17 time frame.
Download or read book Military Aircraft written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
