Download or read book Defense financial and investment review DFAIR written by United States. Department of Defense and published by . This book was released on 1986 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Financial and Investment Review written by and published by . This book was released on 1985 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Financial and Investment Review (DFAIR) was chartered by the Deputy Secretary of Defense to study contract pricing, financing and profit (markup) policies. Financial data covering the years 1975-1983 were collected and analyzed by the DFAIR and compared with similar data collected during the 1970-1974 period for the Profit '76 study. Comparisons were also made with the financial results of durable goods manufacturers, and with the commercial work performed by defense contractor segments. Analysis of industry financial and investment trends indicates that the goals of many of the precious policy changes are being realized, although there are a number of refinements and improvements which need to be made. The final report of DFAIR is based on data from many sources. Four appendices (in separate volumes) contain much of the source data. The appendices are not required to understand the report, but they would be useful to anyone interested in doing further research in the subject area. Keywords: Capital investment; Contract financing; Contract pricing; Profit policy; Pricing; Progress payments; Weighted guidelines.
Download or read book 1984 Defense Financial and Investment Review DFAIR Survey of Defense Procurement Personnel Results and Findings written by and published by . This book was released on 1984 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defense Manpower Data Center conducted a survey of DoD procurement personnel at the request of the Defense Financial and Investment Review Study Group. The questionnaire covered the following topics: DoD Pricing; Profit; Contract Financing; Contractor Investment Incentives. The survey was mailed to respondents in the Army, Navy, and Air Force in June, 1984. Overall response rate was 73.9 percent. Respondents agreed that DoD Procurement Policy was effective in the contribution of contract financing policies and practices to maintaining the viability of the industrial base. A majority of respondents disagreed that DoD pricing policies and practices contribute to the policy objective of the lowest possible cost to the government. Personnel believe they are in a good position to negotiate effectively with a contractor. The respondents generally disagreed with treating capital cost of money as part of the cost base for determining profit. Other topics explored were: 1)policies for determining reasonableness of the contractor's employee compensation costs, 2) efficient contractor performance and maintaining the viability of the industrial base, and 3)profits realized by the defense contractors. A majority agreed that increased capital investment by defense contractors would produce cost reductions.
Download or read book Defense Financial and Investment Review written by United States. Department of Defense and published by . This book was released on 1985 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 1984 Defense Financial and Investment Review DFAIR written by Michael T. Laurence and published by . This book was released on 1984 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Financial and Investment Review Appendix 1 Volume 2 Touche Ross Company Financial Data Survey written by TOUCHE ROSS AND CO WASHINGTON DC. and published by . This book was released on 1985 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Touche Ross & Co. performed a financial data survey to support the Defense Financial and Investment Review study. Data was collected from 76 DoD contractors for the period 1975-1983. The report contains contractor income statement and balance sheet information for the nine-year period by DoD product code groupings. This report is not required to understand the Defense Financial and Investment Review final report, but it does contain financial information which would be useful for additional studies in this area. Keywords: Contract profits; Contractor Income Statement Data; Contractor Balance Sheet Data; Contractor Financial Data; Profit Study; DFAIR.
Download or read book Defense Financial and Investment Review Appendix 1 Volume 3 Touche Ross Company Financial Data Survey written by TOUCHE ROSS AND CO WASHINGTON DC. and published by . This book was released on 1985 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Touche Ross & Co. performed a financial data survey to support the Defense Financial and Investment Review study. Data was collected from 76 DoD contractors for the period 1975-1983. The report contains contractor income statement and balance sheet information for the nine-year period by DoD product code groupings. This report is not required to understand the Defense Financial and Investment Review final report, but it does contain financial information which would be useful for additional studies in this area. Keywords: Contract Profits, Contractor Income Statement Data, Contractor Balance Sheet Data, Contractor Financial Data, Profit Study, and DFAIR.
Download or read book Defense Financial and Investment Review Appendix 1 Volume 1 Touche Ross Company Financial Data Survey written by TOUCHE ROSS AND CO WASHINGTON DC. and published by . This book was released on 1985 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: A financial data survey was performed to support the Defense Financial and Investment Review study. Data was collected from 76 DoD contractors for the period 1975-1983. The report contains contractor income statement and balance sheet information for the nine-year period by DoD product code groupings. This report is not required to understand the Defense Financial and Investment Review final report, but it does contain financial information which would be useful for additional studies in this area. Keywords: Contractor profits; Contractor Income Statement Data; Contractor Balance Sheet Data; Contractor Financial Data; Profit study; and DFAIR.
Download or read book DOD s Defense Financial and Investment Review written by and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Government Contracting written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO evaluated the Department of Defense's (DOD) Defense Financial and Investment Review (DFAIR) to determine its adequacy, the validity of its findings, and the appropriateness of its recommendations. GAO found that: (1) DFAIR determined that contract pricing, financing, and profit policies were related and should be examined on an integrated basis; (2) the profitability of defense businesses was comparable to commercial businesses from 1970 to 1980 and from 1983 to the present; (3) although DOD reported that a 1980 change in its profit policy resulted in an unintended 0.5- to 1-percent increase in profit objectives, GAO believes that the increase was larger than 1 percent; (4) DFAIR recommended changes to the weighted guidelines to do away with the unintended increase, but profits would have actually increased 25 percent if DOD had implemented all of the recommendations; (5) achieving comparability between defense and commercial businesses will require more than a 1-percent reduction in profit objectives because actual defense business profits have been substantially greater than those DFAIR calculated; and (6) the recently established DOD interim profit policy, based on DFAIR data and analysis, will not achieve the appropriate profit reductions because it uses as a baseline the flawed data analyses contained in DFAIR.
Download or read book Defense Financial and Investment Review Data Collection Package written by TOUCHE ROSS AND CO WASHINGTON DC. and published by . This book was released on 1985 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: A financial data survey was performed to support the Defense Financial and Investment Review study. Data was collected from 76 DoD contractors for the period 1975-1983. The report contains contractor income statement and balance sheet information for the nine-year period by DoD product code groupings. This report is not required to understand the Defense Financial and Investment Review final report, but it does contain financial information which would be useful for additional studies in this area. Keywords: Contract Profits; Contractor Income Statement Data; Contractor Balance Sheet Data; Contractor Financial Data; Profit Study; DIFAIR.
Download or read book Defense Financial and Investment Review Appendix 4 Part 2 Survey of Defense Procurement Personnel Narrative Comments written by OFFICE OF THE DEPUTY UNDER SECRETARY OF DEFENSE RESEARCH AND ENGINEERING (ACQUISITION MGMT) WASHINGTON DC. and published by . This book was released on 1984 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 2, 1983 the Deputy Secretary of Defense directed that a formal, full-scale study be performed with a goal of recommending improvements to Department of Defense (DoD) contract pricing, financing, and profit policies. The study group was composed of individuals from each Military Department, the Defense Logistics Agency, and the Defense Contract Audit Agency. The Director of the study group was from the Office of the Under Secretary of Defense (Acquisition Management). This group was responsible for performing research and collecting data to facilitate the development of recommendations for policy improvements to the steering group. Defense Manpower Data Center (DMDC) conducted a survey of DoD procurement personnel to ascertain their opinions on DoD pricing, profit, contract financing, and investment incentives policies and practices. The present volume consists of a verbatim transcription of the narrative comments offered by the respondents at the end of the formal questionnaire.
Download or read book Current Government Profit and Cost Policies and Their Adverse Impact on Defense Contractors written by William J Healey (Jr) and published by . This book was released on 1987 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This factual review and commentary first discusses the following profit and cost policies and related developments which, although not necessarily purporting to be all inclusive on the issue, are illustrative of the problem: (1) The Defense Financial and Investment Review (DFAIR); (2) The resulting DOD profit policy regulations; (3) The General Accounting Office reaction to DOD's profit policy; (4) Reductions in progress payments; (5) Limitations on government reimbursement for contractor acquisition of special tooling and special test equipment; (6) Use of firm fixed-price contracting for development work; (7) Forcing contractors to pay up-front development costs; (8) Tightening of the contract cost principles generally; (9) Limitations on contractor employee compensation (both executive compensation and employee salaries and wages); (10) Government demands for a share of pension fund assets on termination of an overfunded defined benefit pension plan; (11) Overhead cost certification requirements; (12) Overhead cost controls; and (13) Spare parts refund policy.
Download or read book Defense Contractors Profit Review written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1986 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of the Defense Department s Profit Policy for Noncompetitive Contracts written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1987 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Department Recommendations to Bolster Defense Industrial Competitiveness written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization and published by . This book was released on 1988 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Weapons Old Politics written by Thomas L. McNaugher and published by Brookings Institution Press. This book was released on 2011-10-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans spend more than $100 billion a year to buy weapons, but no one likes the process that brings these weapons into existence. The problem, McNaugher shows, is that the technical needs of engineers and military planners clash sharply with the political demands of Congress. McNaugher examines weapons procurement since World War II and shows how repeated efforts to improve weapons acquisition have instead increased the harmful intrusion of political pressures into that technical development and procurement process. Today's weapons are more complicated than their predecessors. So are the nation's military forces. The design of new systems and their integration into the force structure demand more care, time, and flexibility. Yet time and flexibility are precisely what political pressures remove from the acquisitions process. In a series of case studies and conceptual discussions, McNaugher tackles concerns at the heart of the debate about acquisition—the slow and heavily bureaucratic approach to development, the preference for ultimate weapons over well-organized and trained forces, and the counterproductive incentives facing the nation's defense firms. He calls for changes that run against the current fashion—less centralization or procurement, less haste in developing new weapons, and greater use of competition as a means of removing the development process from political oversight. Above all, McNaugher shows how the United States tries to buy research and development on the cheap, and how costly this has been. The nation can improve its acquisition process, he concludes, only when it recognizes the need to pay for the full exploration of new technology.
