Over the years, the Congress has made it clear that Defense appropriations are not to be used to subsidize the foreign sales program. However, according to GAO estimates, over $8 million of Defense appropriations were used to subsidize the foreign military sales program in fiscal 1979 at four inventory control points because of inadequacies in estimating replacement costs of secondary items sold from inventory. GAO believes that additional millions of dollars in subsidies occurred because all foreign governments were not billed for certain indirect costs associated with these sales. GAO is recommending actions, including legislative changes, necessary to improve Defense's pricing policies and procedures for sales of secondary items. (Author)
Defense Continues to Subsidize Sales of Secondary Items to Foreign Governments Because of Poor Pricing Policies
1981
27 pages
Report
Keine Angabe
Englisch
International Commerce, Marketing, & Economics , Military equipment , Military procurement , Commerce , Spare parts , Military assistance , Military budgets , Military forces(Foreign) , Inflation(Economics) , Financial management , Cost analysis , Inventory control , Indirect costs , Replacement , Policies , Department of Defense , Foreign military sales , Subsidies , Prices
Europe. Aeronautical expenditures of foreign governments
Engineering Index Backfile | 1929