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Subject:
Boeing Bailout 767 Tanker Deal
giblets
6/24/2005 6:34:51 AM
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The Pentagon Inspector General, Joseph Schmitz, has said that the USAF buying chief and other senior officials sidestepped regulations in a $23Billion proposal to lease and buy as many as 100 Boeing tankers.
The report, made public before the Senate Armed Services Committee on Tuesday, includes numerous emails between Air Force, Boeing and Pentagon officials discussing behind the scenes strategy for awarding the "most costly government lease in history" to the nation's #2 defense contractor, at that time having serious revenue shortfall in the wake of 9/11.
"We all know that this is a bailout for Boeing so why don't we just bite the bullet and do what we did when we were bailing out Douglas (Aircraft)" on the 1970s KC-10 tanker/cargo aircraft, when the Air Force got a better price than first offered, Ronald Garant, a budget official for the Pentagon comptroller's office, said in an Aug. 21, 2002 e-mail to three other officials.(HeraldTribune)
"We didn't need those aircraft either but we didn't screw the taxpayer in the process," Garant wrote.
As we all know Boeing is facing Airbus in a battle over subsidies, with Airbus openly recieving launch aid ( discounted loans) and boeing recieving overpaid government work and tax breaks from local authorities. |
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