Observations Concerning Profit Rates on Selected Navy Contracts

Abstract

This report is in response to your Subcommittee's request that we review specific allegations made by Admiral Hyman G. Rickover (Retired), former Deputy Commander for Nuclear Propulsion, Naval Sea Systems Command, Department of the Navy, to determine whether excess profits have been made. During your Subcommittee's June 16, 1981, hearing covering profit limitations on Defense contracts, Admiral Rickover provided specific examples of contracts on which he believed excess profits had been made.

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Document Details

Document Type
Technical Report
Publication Date
Apr 12, 1983
Accession Number
AD1181086

Entities

People

  • Milton J. Socolar

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Boron Carbides
  • Business Administration
  • Contract Administration
  • Contractors
  • Contracts
  • Corporations
  • Department Of Defense
  • Fixed Price Contracts
  • Governments
  • High Pressure
  • Inventory
  • Materials
  • Money
  • New York
  • Procurement
  • Ships
  • Standards
  • Training
  • United States

Readers

  • Government Contracting/Procurement.
  • Maritime and Naval Warfare Studies