Air Force Lease With Boeing Seen Adding Billions to Cost

Article Abstract:

The Congressional Budget Office (CBO) has issued an unfaviorable report about an Air Force plan to spend $20 billion on leasing 100 Boeing air refueling tankers. The CBO report indicates that the Air Force would save $5.7 billion through direct purchase of the Boeing model?767 aerial tankers. Furthermore, the financial arrangement with the aircarft manufacturer does not qualify as a legitimate operating lease, and its costs should be included in federal budget expenses. The Air Force wants to avoid this kind of financial accountability. Boeing needs this contract to insure future production for its 767 line.

Legislative Bodies, National Security, Defense Administration & Finance, Dept of the Air Force, Congressional Budget Office, Reports, Defense spending, United States. Congressional Budget Office, Defence spending

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Boeing Must Compete for Tanker Contract

Article Abstract:

In a letter to John W. Warner, chairman of the Senate Armed Services Committee, deputy secretary of defense, Paul Wolfowitz, made it clear that there will be competitive bidding for an aerial-refueling contract for the Air Force. Bids will likely be submitted by Airbus S.A.S., Lockheed Martin Corporation and Boeing Co.

France, Facilities & equipment, Airports, flying fields, & services, Other Airport Operations, Aircraft Fueling & Cleaning Svcs, Aircraft Fueling Services, Equipment and supplies, Records and correspondence, Airbus S.A.S., Wolfowitz, Paul D., Refueling of aircraft

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Ex-Pentagon Official Gets 9 Months For Conspiring to Favor Boeing

Article Abstract:

Former Air Force official, Darleen A. Druyun, pleaded guilty to conspiracy and admitted lying to investigators about her dealings with Boeing Co. She awarded defense contracts in return for favors and payments from the company.

Legal issues & crime, Executive changes & profiles, Legal/Government Regulation, Officials and employees, Company legal issue, Cases, Conspiracy, Druyun, Darleen A.

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