Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Defense Acquisition: Historical Insights Into Navy Ship Leasing

  Premium   Download PDF Now (13 pages)
Report Type Reports and Testimonies
Report Date April 21, 1999
Report No. T-NSIAD-99-141
Subject
Summary:

GAO is currently reviewing the Navy's decisions in the early 1970s and early 1980s to lease Sealift tankers, Maritime Prepositioning Ships, T-5 replacement tankers, and, more recently, Chouest specialized support vessels. This testimony is based on this work and earlier GAO reviews. GAO discusses (1) the basis and support for the Navy's decisions to lease rather than buy these ships, (2) the concerns that surrounded the decisions, and (3) the legislative and regulatory changes that will influence future lease versus purchase decisions.

« Return to search Government Accountability Office reports