Procurement Prices Paid for Aircraft Weapons Systems for Foreign Military Sales

Abstract

The objective of the audit was to determine whether the prices paid to DoD contractors for aircraft weapons systems procured for FMS customers were reasonable, compared to the prices DoD paid for similar items. We also evaluated the adequacy of internal controls over the preparation and maintenance of supporting documents that were used to justify price differentials and determine profits for FMS contracts.

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Document Details

Document Type
Technical Report
Publication Date
Sep 02, 1993
Accession Number
ADA376092

Entities

People

  • Alvin L. Madison
  • John J. Dzik
  • Nancy L. Hendricks
  • Robert W. Otten
  • Terry L. Mckinney

Organizations

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

Tags

Communities of Interest

  • Air Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Agreements
  • Aircrafts
  • Airframes
  • Business Administration
  • Commerce
  • Contractors
  • Contracts
  • Department Of Defense
  • Fighter Aircraft
  • Financial Management
  • Fixed Price Contracts
  • Foreign Military Sales
  • Governments
  • Law
  • Money
  • Test And Evaluation
  • Test Facilities

Readers

  • Defense Financial Management and Audit.
  • International Relations and European Studies
  • Logistics and Supply Chain Management.