DoD defines Operating Materials and Supplies as tangible personal property that is to be consumed in normal operations. This report discusses the Navy's reporting of conventional ammunition, which is a part of the Navy Operating Materials and Supplies. A previous report discussed the reporting of Army ammunition. In general, Navy conventional ammunition consists of any non- nuclear item charged with explosives, excluding missiles and torpedoes, which are reported as Required Supplementary Stewardship Information. The total conventional ammunition accounted for in the FY 1999 Navy financial statements was $10.5 billion, or 35.8 percent of the $29.3 billion the Navy reported for Operating Materials and Supplies. Navy ammunition represented 28 percent of the $36.7 billion of conventional ammunition reported in the FY 1999 DoD Agency-wide Financial Statements.


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    Title :

    Navy FY 1999 Financial Reporting of Operating Materials and Supplies- Ammunition


    Publication date :

    2000


    Size :

    25 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English