Defense Industry Restructuring: Cost and Savings Issues.
GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV
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This report discusses the General Accounting Offices work on the costs and savings associated with defense industry restructuring. The issue of whether the Department of Defense DOD should be paying defense companies for restructuring costs associated with acquisitions and mergers has been a controversial one-and one that is not well understood. Provided is a brief overview of DODs decision to pay restructuring costs the process DOD uses to ensure that paying restructuring costs is in the governments best interest, and the amount and nature of costs that DOD has paid and estimates of savings it has realized.
- Administration and Management
- Economics and Cost Analysis