Download or read book Foreign Military Sales written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Military Sales: Millions of Dollars of Nonrecurring Research and Development Costs Have Not Been Recovered

Download or read book Foreign Military Sales written by United States. General Accounting Office and published by . This book was released on 1998 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Military Sales Millions of Dollars of Nonrecurring Research and Development Costs Have Not Been Recovered written by General accounting office washington dc accounting and information management div and published by . This book was released on 1998 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Arms Export Control Act gives the President authority to sell defense articles and services to eligible foreign countries, generally at no cost to the U.S. government. While the Defense Security Assistance Agency (DSAA) has overall responsibility for administering the program, the Army, Navy, and Air Force normally execute the sales agreements--commonly referred to as sales cases. Foreign military sales are made on an individual case basis. The cases are initiated by a foreign country representative sending a letter of request to DOD asking for various information, such as precise price data. Once the customer decides to proceed with the purchase, DOD prepares a Letter of Offer and Acceptance (LOA) stating the terms of the sale for the goods and services being provided. The Arms Export Control Act requires that, after September 30,1976, letters of offer for the sale of major defense equipment shall include a proportionate amount of nonrecurring costs related to the research, development, and production of major defense equipment DOD interpreted the act as requiring the recovery of these costs on a pro rata basis. The military services calculate the pro rata rate by dividing the total research and development and other one-time production costs by the anticipated total number of units to be produced for both domestic and foreign use. A separate charge is calculated for each item of major defense equipment and is included in the LOA as part of the price that its customers are to pay for the purchase of major defense equipment.

Download or read book Foreign Military Sales written by Stati Uniti. General Accounting Office and published by . This book was released on 1998 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Military Sales written by Stati Uniti. 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 Foreign Military Sales written by United States Government Accountability and published by Scholar's Choice. This book was released on 2015-02-14 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Download or read book Foreign Military Sales Millions Of Dollars Of Nonrecurring Research Development Costs Have Not Been Recovered 161306 U S GAO Oc written by and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews the Defense Department's ability to account for and report on the full costs of the foreign military sales (FMS) program. GAO found that the Air Force and the Navy were not always recovering nonrecurring research, development, and production costs from the foreign military sales trust fund as major defense equipment items were delivered to FMS customers. Specifically, GAO identified more than $183 million in nonrecurring costs related to items that were delivered--some as long ago as 1989--that had not been charged to FMS customers' trust fund accounts. For example, between 1993 and 1995, South Korea received 48 F-16 aircraft on a FMS case managed by the Air Force. GAO found that no deliveries had been reported to recover nonrecurring research, development, and production costs. Had the Air Force followed DOD procedures, it would have already charged South Korea's trust fund account for more than $49 million. Air Force and Navy officials have begun to take steps to recover the outstanding amounts.

Download or read book Military Exports written by United States. General Accounting Office and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Millions of Dollars of Costs Incurred in Training Foreign Military Students Have Not Been Recovered written by United States. General Accounting Office and published by . This book was released on 1976 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Cost Waivers Under the Foreign Military Sales Program written by United States. General Accounting Office and published by . This book was released on 1978 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Military Sales written by United States. General Accounting Office. Accounting and Information Management Division and published by . This book was released on 1999 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book DOD s Failure to Recover Research Development and Production Costs on Foreign Military Sales written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1981 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Military Sales written by United States. Government Accountability Office and published by . This book was released on 2018 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under the Arms Export Control Act and its implementing regulations, DOD is required to recover nonrecurring costs—unique one-time program-wide expenditures—for certain major defense equipment sold under the FMS program. These costs include research, development, and one-time production costs, such as expenses for testing equipment. The Act also permits those costs to be waived under certain circumstances, such as to standardize equipment with select allies or to avoid a loss of sale. GAO was asked to review DOD’s use of nonrecurring cost waivers. This report addresses the (1) nonrecurring cost waivers approved by DOD from fiscal years 2012 through 2017, (2) factors DOD considers when reviewing waivers, and (3) efficiency of the waiver review process. DSCA should continue to identify opportunities to streamline the waiver review process.

Download or read book Indexes for Abstracts of Reports and Testimony written by and published by . This book was released on 1999 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Assistance Legislation for Fiscal Year 1982 written by United States. Congress. House. Committee on Foreign Affairs and published by . This book was released on 1981 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Status of Open Recommendations written by United States. General Accounting Office and published by . This book was released on 1988 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Military Exports written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.