1993 Navy Budget: Potential Reductions in Weapons Procurement Programs
Abstract
As requested, the General Accounting Office (GAO) reviewed the Navy's justification for its fiscal year 1993 weapons procurement budget request and prior year appropriations to identify areas for potential reductions and rescissions. GAO briefed congressional staffs in May and August 1992 on the preliminary results of their analysis. They identified $55.3 million in potential reductions to the fiscal year 1993 budget request and $327.5 million in potential rescissions from appropriated funds for fiscal years 1991 and 1992. GAO also reviewed the Harpoon Missile and the Weapons Industrial Facilities programs to report on funds that were not requested but were appropriated for those programs. They identified for potential rescission $130.0 million in fiscal year 1992 funds for the Harpoon Missile program and $13.2 million in fiscal year 1992 funds for the Weapons Industrial Facilities program. These funds are being withheld by the Office of the Assistant Secretary of Defense, Comptroller, as part of the debate on how money should be spent for defense. In addition, there is another potential rescission of $83.3 million from fiscal years 1990 through 1992 funds. The funds are being held in reserve by the Offices of the Secretary of Defense and Navy Comptrollers. This potential rescission is due to program funds that were either being held pending a program review decision or that were no longer needed for the purposes specified to fund the program. The report is divided into the following sections: Standard Missile, Trident II (D-5) Missile, Advanced Medium Range Air-to-Air Missile, AIM-9 Sidewinder Modifications, Harpoon Missile Modifications, MK-48 Advanced Capability Torpedo, MK-48 Advanced Capability Torpedo Advance Procurement, Drones and Decoys, Antisubmarine Warfare Targets, Harpoon Missile, and Weapons Industrial Facilities.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1992
- Accession Number
- ADA256452
Entities
People
- Judy T. Lasley
- Norman J. Rabkin
- Richard A. Davis
- Richard J. Price
- Robert D. Outerbridge
Organizations
- United States Government Accountability Office