Joint strike fighter : accelerating procurement before completing development increases the government's financial risk : report to congressional committees.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office.

Language:

English

Subjects (All):

United States. Department of Defense--Procurement.

United States.

United States. Department of Defense.

Joint strike fighter.

Fighter planes--United States--Finance.

Fighter planes.

Jet planes, Military--United States.

Jet planes, Military.

Finance.

Physical Description:

1 online resource (ii, 46 pages, digital, PDF file)

Other Title:

Accelerating procurement before completing development increases the government's financial risk

Place of Publication:

[Washington, D.C.] : U.S. Govt. Accountability Office, [2009]

System Details:

text file

Summary:

The Joint Strike Fighter (JSF) is the Department of Defense's (DOD) most complex and ambitious aircraft acquisition, seeking to simultaneously produce and field three different versions of the aircraft for the Air Force, Navy, Marine Corps, and eight international partners. The total investment required now exceeds $1 trillion, more than $300 billion to acquire 2,456 aircraft and $760 billion in life cycle operating and support costs, according to program estimates. The Ronald W. Reagan National Defense Authorization Act for Fiscal Year 2005 requires GAO to review the JSF program annually for 5 years. This is the fifth and final report under the mandate in which GAO (1) determines the program's progress in meeting cost, schedule, and performance goals; (2) assesses manufacturing results and schedule risks; and (3) evaluates development test plans, progress, and risks. GAO's work included analyses of a wide range of program documents, cost data and interviews with defense and contractor officials. GAO recommends that DOD (1) report to the congressional defense committees on the risks and mitigation strategy for use of cost reimbursement contracts for procurement and plans to transition to fixed price contracts and (2) ensure that the prime contractor performs periodic schedule risk analyses to improve schedule and budget actions.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection. Reuse except for individual research requires license from ProQuest, LLC.

Includes bibliographical references.

Electronic reproduction. [Bethesda, Md.] : ProQuest, 2004. digital, PDF file. ProQuest U.S. Congressional Research Digital Collection. Mode of access: World Wide Web via ProQuest website.

Other Format:

Print version: United States. Government Accountability Office. Joint strike fighter

Microfiche version: United States. Government Accountability Office. Joint strike fighter. CIS 2009 J942-213

Access Restriction:

Restricted for use by site license.