Progress Payments for the M1 Tank and Patriot Missile Programs.

Abstract

Progress payments were allocated accurately for the Patriot missile production contract, but were not always allocated accurately for the MlA2 research, development, test, and evaluation contract. Specifically, 60 of 69 progress payments contained 98 erroneous charges. Of the 60, 39 progress payments contained foreign military sales requirements of $49.5 million that were paid with DoD appropriations; 10 payments contained DoD requirements of $4.9 million that were paid with foreign military sales funds; and 49 payments contained $82 million of joint requirements that were not correctly allocated to either customer.

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Document Details

Document Type
Technical Report
Publication Date
Jun 19, 1995
Accession Number
ADA372235

Entities

People

  • Byron B. Harbert
  • David C. Funk
  • Russell A. Rau
  • Samuel R. Mensch
  • Stephen J. Szabanowski

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Auditing
  • Contract Administration
  • Contractors
  • Contracts
  • Department Of Defense
  • Directives
  • Finance
  • Financial Management
  • Foreign Military Sales
  • Governments
  • National Security
  • Navy
  • Procurement
  • Test And Evaluation
  • United States

Readers

  • Government Contracting/Procurement.
  • Missile Defense Systems.