Defense Contractor Restructuring; Benefits to DoD and Contractors
Abstract
As a result of declining defense expenditures, contractors have been consolidating and restructuring their operations to reduce costs through activities such as disposing of facilities, combining operations and systems, relocating workers and equipment, and reducing workforce personnel. We reviewed seven defense contractor business combinations to determine whether the Department of Defense (DOD) is realizing savings as a result of such restructuring activities. Specifically, we (1) identified the amount of restructuring savings expected by DOD from the seven business combinations, (2) assessed the impact of selected restructuring activities on the contractors' cost of operations, and (3) determined if savings could be traced to contract prices. Our report is based on data from 10 individual contractor business segments, including at least 1 segment from each of the 7 business combinations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1998
- Accession Number
- ADA353489
Entities
Organizations
- United States Government Accountability Office