Department of Defense: Additional Actions Needed to Improve Financial Management of Military Equipment

Abstract

Major defense acquisition programs (MDAP) are used to acquire, modernize, or extend the service life of the Department of Defense's (DOD) most expensive assets, primarily military equipment. The Weapon Systems Acquisition Reform Act of 2009 (P.L. 111-23), section 304(b), directed us to perform a review of weaknesses in DOD's operations that affect the reliability of financial information for assets acquired through MDAP. To do so, GAO identified and reviewed previously reported weaknesses that impair DOD's ability to provide reliable cost information for military equipment acquired through MDAPs, and determined what actions DOD has taken to address them. GAO searched databases of audit reports issued during calendar years 2005 through 2009 to identify previously reported weaknesses. Using applicable criteria, GAO assessed whether the actions taken by DOD adequately addressed these weaknesses.

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Document Details

Document Type
Technical Report
Publication Date
Jul 01, 2010
Accession Number
ADA525407

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Cyber
  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Business Administration
  • Congress
  • Control Systems
  • Department Of Defense
  • Governments
  • Information Systems
  • Logistics
  • Management Personnel
  • Military Equipment
  • Money
  • National Governments
  • Organizational Structure
  • Procurement
  • Supply Chain Management
  • Test And Evaluation
  • United States Government

Readers

  • Defense Acquisition Program Management
  • Defense Financial Management and Audit.