Title 10 › Subtitle A — General Military Law › PART V — ACQUISITION › Subpart C — Contracting Methods and Contract Types › CHAPTER 257 — CONTRACTS FOR LONG-TERM LEASE OR CHARTER OF VESSELS, AIRCRAFT, AND COMBAT VEHICLES › § 3672
Money cannot be used by the military for a long-term lease or charter of any aircraft, naval ship, or combat vehicle, or for a lease that would create a large cost if the United States ends it early, unless Congress has specifically approved it by law. When the Secretary of Defense asks Congress for that approval, the Secretary must include a cost study that compares the lease or charter (including lost tax revenue) with buying the equipment outright. The Director of the Office of Management and Budget and the Secretary of the Treasury must review that study within 30 days and send a written report no later than 45 days after the request is sent. The Secretary must also show what part of the requested funds is for capital-hire and put that amount in the proper procurement account.
Full Legal Text
Armed Forces, Source: USLM XML via OLRC
Legislative History
Reference
Citation
10 U.S.C. § 3672
Title 10, Armed Forces
Last Updated
Sep 22, 2026
Release point: 119-110