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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.
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.
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