Procurement. An Assessment of the Air Force's F-16 Aircraft Multiyear Contract.

Abstract

Our objectives were to: analyze the claimed benefits/savings to the government, and review the effects on the multiyear contract, if any, of foreign military sales and additional aircraft added by the Congress to the Department of Defense's fiscal year 1984 budget request. We reviewed the multiyear contract; the contractor's multiyear and annual price proposals, cost data, and procurement records; and the Air Force's cost data and procurement records. We interviewed contractor and F-16 program officials as well as Defense officials who are knowledgeable about the F-16 multiyear contract. We also interviewed officials and reviewed documents prepared by officials at the Pricing Directorate, Aeronautical Systems Division, and Defense Contract Audit Agency, Fort Worth, Tex. To test the accuracy and reasonableness of the Air Force's savings estimate contained in its justification package, we traced the estimate to contractor proposal data and verified the Air Force's calculations which showed $246 million in savings. Once the Congress approved a multiyear contract, the Air Force requested and received only a multiyear proposal. In addition, the assumptions used to prepare this proposal differed for the contractor's original proposal.

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Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1986
Accession Number
ADA165720

Entities

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Air Force
  • Aircrafts
  • Airframes
  • Capital Investments
  • Congress
  • Contractors
  • Contracts
  • Cost Estimates
  • Foreign Military Sales
  • Governments
  • House Of Representatives
  • Investments
  • Landing Gear
  • Money
  • National Security
  • Procurement
  • United States

Readers

  • Defense Acquisition Program Management
  • Defense Financial Management and Audit.
  • Public Financial Management and Budgeting