DTIC ADA142315: The Navy Shipbuilding Claims Settlement pdf

DTIC ADA142315: The Navy Shipbuilding Claims Settlement

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Description of the Book:

The 1979 Defense Appropriation Authorization Act authorizes the Comptroller General to review two contracts with Litton Systems, Inc., Ingalls Shipbuilding Division, for building Navy landing helicopter assault and DD-963 destroyer ships. These contracts were involved in a 1978 shipbuilding claims settlement. This review is to insure that funds authorized to pay for contract modifications made in the interest of national defense are used only on the two contracts and that the contractor does not use such funds to realize any total combined profit on these contracts. GAO found that the authorized funds were used only on the specified contracts and that the contractor did not realize any total combined profit on the contracts

• Creator/s: Defense Technical Information Center
• Date: 4/4/1984
• Year: 1984
• Book Topics/Themes: DTIC Archive, , GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV, *CONTRACTS, *COSTS, *SHIPBUILDING, MODIFICATION, NAVY, TABLES(DATA), LOSSES, PROFITS

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