Quick-Reaction Report on the F-16 Multinational Fighter Program Case Closure Process.
INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA
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This quick-reaction report is the first of two reports resulting from the Audit of Contract Prices for the F-16 Multinational Fighter Program. The European Participating Governments of Belgium, Denmark, the Netherlands, and Norway participated in the F-16 Multinational Fighter Program, a foreign military sales cooperative program with the U.S. Air Force, to procure and produce 998 F-16 aircraft, 650 for the U.S. Air Force and 348 for the European Participating Governments. This report is being provided because the Air Force, based on the premise of contractual financial closure prior to case closure, will not be able to close the 4 European Participating Governments cases and 172 subcases, initiated in 1975 and valued at about 5.4 billion, by December 1997, the date to which the United States is currently committed.
- Attack and Fighter Aircraft
- Administration and Management
- Economics and Cost Analysis