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Accession Number:
AD1167979
Title:
Defense Inventory: Navy Needs to Improve the Management Over Government-Furnished Material Shipped to its Repair Contractors
Report Date:
2004-07-01
Abstract:
GAO has reported in a number of products that the lack of control over inventory shipments increases vulnerability to undetected loss or theft and substantially increases the risk that millions of dollars can be spent unnecessarily. This report evaluates the Navy's and its repair contractors' adherence to Department of Defense (DOD) and Navy inventory management control procedures for government-furnished material shipped to Navy repair contractors. Government-furnished material includes assemblies, parts, and other items that are provided to contractors to support repairs, alterations, and modifications. Generally, this material is incorporated into or attached onto deliverable end items, such as aircraft, or consumed or expended in performing a contract.
Document Type:
Conference:
Journal:
Pages:
27
File Size:
0.34MB
Contracts:
Grants:
Distribution Statement:
Approved For Public Release