Number: RL32056 Title: The Air Force KC-767 Lease Proposal: Key Issues for Congress Authors: Christopher Bolkcom, Foreign Affairs, Defense, and Trade Division Abstract: The Air Force is proposing to replace 133 of its oldest Boeing KC-135E aerial refueling tanker aircraft by leasing 100 new Boeing KC-767 tankers instead of initially buying them outright. This report examines the lease proposal and its ramifications by providing background information on the Air Forces tanker fleet, the Boeing 767 tanker, and the proposed lease itself. It then analyzes potential oversight issues for Congress relating to the merits of the proposed lease. Pages: 82 Date: Updated September 2, 2003