In May 2003, Secretary of Defense Donald Rumsfeld approved an agreement to allow the Air Force to lease 100 converted Boeing 767 aircraft, aerial refueling tankers. Critics of the deal, the most important part of Senator John McCain's claim that no planes were not needed, that the lease was a veiled purchase is designed to bypass the budget process, and that the agreement was a government handout of Boeing. Since the deal closer Congressional approval, evidence surfaced of illegal conduct relating to the acquisition executive Air Force and Boeing, casting uncertainty in the prospects of an agreement. This case is the financial and accounting matters leasing rather than buying planes, transfer commercial business practices to the government, and the process and purpose of government budgets. This case is best used in conjunction with "Rent Boeing Tanker Deal (A)". HKS Case Number 1846.0 "Hide
by Martin Hrivnak, Elizabeth K. Keating, 16 pages. Publication Date: Aug 09, 2006. Prod. #: HKS340-PDF-ENG