Improved Analysis Needed to Evaluate DoD's Proposed Long-Term Leases of Capital Equipment
Abstract
This report responds to congressional concerns about DOD's long-term leasing of capital type equipment, such as noncombatant ships and aircraft. Specifically, this report addresses the magnitude and apparent increase in long-term leasing, reasons the services would rather lease than purchase this equipment, potential effect of long-term leasing on military capabilities, adequacy of the lease versus purchase economic analyses, need for full disclosure of long-term leasing costs, and need for legislative and administrative changes to improve congressional oversight of long-term leasing programs.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 28, 1983
- Accession Number
- AD1150693
Entities
People
- Charles Arthur Bowsher
Organizations
- United States Government Accountability Office