Defense Industrial Base: Industry's Investment in the Critical Technologies
Abstract
For many years, DOD has sponsored research and development (1) directly by issuing a contract or grant and (2) indirectly by allowing contractors to include IR and D/B and P in overhead costs. IR and D is research and development that is not specified under any government contract or grant. B and P costs are incurred in preparing, submitting, and supporting bids and proposals on potential contracts, including technical background work. In fiscal year 1990, DOD reported that 121 defense contractors spent a total of $7.3 billion on IR and D/B and P costs. The DOD report includes data on major defense contractors that had an annual auditable volume of costs incurred in excess of $40 million-these contractors provide the large majority of IR and D/B and P.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1992
- Accession Number
- ADA244834
Entities
Organizations
- United States Government Accountability Office