Foreign Military Sales. Construction of a Replacement Price (Some Considerations, Problems and Potential Solutions).
Abstract
Part one is a brief historical sketch of military assistance, 1947 to date, especially the transition from grant aid to foreign military sales. Part two discusses construction of a replacement price and the considerations involved in estimating today's replacement cost for items purchased in the past. Part three discusses considerations involved in computing what actual replacement cost would be, taking into account future inflation, number of items procured, spendout, time required for procurement, and other influential factors. The purpose of this report is to provide insight into the theory of Replacement Pricing. Specifically, to identify problems which might not be evident to some FMS related personnel and provide illustrative examples. Additional information, glossary, charts, and explanations are presented, in order to make the document of use to a broad cross section of the Federal community.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1977
- Accession Number
- ADA037384
Entities
People
- Warren H. Gille Jr.
Organizations
- United States Army Aviation and Missile Command