National Defense Stockpile: Improved Financial Plan Needed to Enhance Decision-making
Abstract
The National Defense Stockpile is composed of strategic and critical materials that can be used in times of national emergency. The stockpile was established to minimize dependence on foreign sources of these materials. Because of changes in mobilization planning and modernization of weapon systems, stockpiling requirements for numerous materials have been reduced dramatically in the past two decades, with only a few materials still being required. The reported value of stockpile inventories on hand has also decreased through annually authorized sales of excess stockpile materials, from about $10.1 billion in fiscal year 1987 to about $3.4 billion as of September 30, 1999.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2001
- Accession Number
- ADA387684
Entities
Organizations
- United States Government Accountability Office