Defense Acquisition: Historical Insights Into Navy Ship Leasing

Pursuant to a congressional request, GAO discussed the Navy's decisions in the early 1970s and early 1980s to lease Sealift Tankers, Maritime Prepositioning Ships, and T-5 replacement tankers, and more recently, Chouest specialized support vessels, focusing on the: (1) basis and support for the Navy's decisions to lease rather than purchase these vessels; (2) concerns that surrounded the decisions; and (3) legislative and regulatory changes that have been implemented that will influence future lease versus purchase decisions.