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.


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    Title :

    Navy Shipbuilding Claims Settlement at Litton/Ingalls Shipbuilding, 1978--A Final Report


    Publication date :

    1984


    Size :

    11 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English