About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

GAO-04-164R 1 (2003-10-14)

handle is hein.gao/gaobaamin0001 and id is 1 raw text is: I AGA ~G A 0 Acco untability * Integrity * Reliability United States General Accounting Office Washington, DC 20548 October 14, 2003 The Honorable John Warner Chairman The Honorable Carl Levin Ranking Member Committee on Armed Services United States Senate Subject: Military Aircraft: Institute for Defense Analyses Purchase Price Estimate for the Air Force's Aerial Refueling Aircraft Leasing Proposal On September 4, 2003, we provided the Senate Committee on Armed Services our observations on the Air Force's proposed lease of 100 Boeing 767 aircraft modified for aerial refueling, to be known as the KC-767A.' At the hearing, the Committee heard testimony from the Institute for Defense Analyses (IDA) concerning the results of a study it did on the estimated acquisition cost of each aircraft.2 IDA concluded that $120.7 million was a reasonable price for a KC-767A aerial refueling aircraft. At the time of the hearing, we had just obtained access to the IDA study and were not in position to comment on it. On September 5, 2003, you asked us to analyze the IDA study and provide you our assessment. This letter responds to that request. Our objectives were to assess the reasonableness of IDA's approach to the issue of pricing the KC-767A aircraft and to provide any comments that we had on its methodology used to estimate the base prices and costs for each aircraft. To analyze the IDA report, we reviewed the report submitted to the Office of the Under Secretary of Defense (Acquisition Technology and Logistics) and the Office of the Director, Program Analysis and Evaluation, Department of Defense (DOD).3 We met with the IDA (Cost Analysis and Research Division) and Air Force acquisition officials from the Office of the Assistant Secretary (Acquisition), Directorate of Global Reach. We also 'Military Aircraft: Observations on the Proposed Lease of Aerial Refueling Aircraft by the Air Force. GAO-03-923T. Washington, D.C.: September 4, 2003. 2 Purchase Price Estimate for the KC- 767A Tanker Aircraft. IDA Paper P-3800. Alexandria, Virginia.: July 2003. 3 These offices sponsored the IDA study. GAO-04-164R Military Aircraft Page 1

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most