Defense Restructuring Costs: Information Pertaining to Five Business Combinations.

Abstract

Section 8115 of the Fiscal Year 1997 Department of Defense (DOD) Appropriations Act requires us to examine restructuring costs of defense contractors involved in business combinations since 1993. In response, this report provides information on restructuring costs, including specific costs associated with workforce reductions and the services provided to workers affected by business combinations. It also identifies other funds used to help laid-off workers find new employment and describes why the effectiveness of restructuring costs used to assist laid-off workers in gaining new employment cannot be determined. In addition, the report discusses the extent of savings achieved from the business combinations relative to restructuring costs paid by DOD.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1997
Accession Number
ADA323197

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Biomedical
  • Materials and Manufacturing Processes
  • Space
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Aerospace Industry
  • Congress
  • Contractors
  • Contracts
  • Corporations
  • Defense Systems
  • Department Of Defense
  • Employment
  • Governments
  • Law
  • Military Acquisition
  • National Security
  • New York
  • Procurement
  • United States

Readers

  • Government and Public Administration Law.
  • Life Cycle Cost Analysis