Download or read book Defense Industry Restructuring written by United States. General Accounting Office and published by . This book was released on 1998 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring written by and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring Updated Cost and Savings Information written by and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In July 1993, DOD changed a long-standing practice and permitted defense contractors to charge restructuring costs to transferred flexibly priced contracts, provided (1) the restructuring costs were allowable under the Federal Acquisition Regulation and (2) a DOD contracting officer determined the business combination would result in overall reduced costs to DOD or preserve a critical defense capability. Concerns over the payment of such costs led Congress to pass legislation requiring that certain conditions be met before DOD reimbursed defense contractors for restructuring-related expenses. The legislation required, in part, that a senior DOD official certify that projections of restructuring savings are based on audited cost data; DOD'S share of projected savings exceeds allowed costs; and the Secretary of Defense reports to Congress On DOD'S experience with defense contractor business combinations, including whether savings associated with each restructuring actually exceed restructuring costs. The Secretary of Defense is currently required by 10 U.S.C. 2325 to determine in writing that the savings will be at least twice the amount of allowed costs or that projected savings will exceed costs allowed and that the combination will result in the preservation of a critical capability.
Download or read book Defense Industry Restructuring written by and published by . This book was released on 1998 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nsiad 98 156 Defense Industry Restructuring written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-07 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: NSIAD-98-156 Defense Industry Restructuring: Updated Cost and Savings Information
Download or read book Defense Industry Restructuring Updated Cost And Savings Information 160258 B 279390 2 U S GAO April 30 1998 written by United States. General Accounting Office and published by . This book was released on 1999* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring Cost and Savings Issues written by and published by . This book was released on 1997 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the General Accounting Office's work on the costs and savings associated with defense industry restructuring. The issue of whether the Department of Defense (DOD) should be paying defense companies for restructuring costs associated with acquisitions and mergers has been a controversial one-and one that is not well understood. Provided is a brief overview of DOD's decision to pay restructuring costs; the process DOD uses to ensure that paying restructuring costs is in the government's best interest, and the amount and nature of costs that DOD has paid and estimates of savings it has realized.
Download or read book Defense Industry written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a legislative requirement, GAO provided information on: (1) the six business combinations for which the Department of Defense (DOD), as of September 30, 1998, had certified that the projected restructuring savings should exceed associated restructuring costs; and (2) on a seventh combination, Hughes Aircraft Company's acquisition of General Dynamics' missile operations. GAO noted that: (1) in April 1998, GAO reported that DOD estimated it would save a net of $3.3 billion between 1993 and 2000 from restructuring activities carried out by the seven business combinations; (2) GAO also reported that DOD estimated it had realized savings of about $1.9 billion as of August 1997, or more than half of the expected savings; (3) now, DOD estimates it has realized savings of about $2.1 billion, or 64 percent of the expected savings; (4) while GAO determined that selected restructuring activities had lowered the operational costs of the business combinations by hundreds of millions of dollars, it was not feasible to develop a methodology for precisely determining how contract prices were affected; (5) to make such a determination requires isolating the impact of restructuring from nonrestructuring-related factors, such as changes in business volume, quantities purchased, and accounting practices; (6) DOD, the contractors, and GAO were not able to isolate the effects of restructuring from those of other factors; and (7) however, other methods exist through which DOD can ensure that it receives its equitable share of restructuring savings in a timely manner.
Download or read book Nsiad 99 22 Defense Industry written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-09 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: NSIAD-99-22 Defense Industry: Restructuring Costs Paid, Savings Realized, and Means to Ensure Benefits
Download or read book Defense Industry Restructuring written by United States. General Accounting Office and published by . This book was released on 1997 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring written by David E. Cooper and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense restructuring costs information pertaining to five business combinations report to congressional committees written by and published by DIANE Publishing. This book was released on 1997 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry written by United States. General Accounting Office and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring written by United States. General Accounting Office. National Security and International Affairs Division and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry written by United States. General Accounting Office and published by . This book was released on 1998 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring written by David E. Cooper and published by . This book was released on 1997 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Industry Restructuring Clarification Of Cost And Savings Issues 158846 B 277249 U S GAO June 17 1997 written by United States. General Accounting Office and published by . This book was released on 1998* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
