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Defense Downsizing: Selected Contractor Business Unit Reactions

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Report Type Reports and Testimonies
Report Date May 3, 1995
Report No. NSIAD-95-114
Subject
Summary:

This report examines how the recent decline in defense spending has affected individual business units of major defense contractors. GAO selected business units from six of the top 10 defense contractors in 1993--General Dynamics, General Motors, Lockheed, Martin Marietta, McDonnell Douglas, and United Technologies. These units were engaged primarily in defense work, an important part of their corporations' total government sales. GAO compares defense expenditures over several years and changes in the business units' (1) sales and employment levels and (2) spending on independent research and development, bid and proposal preparation, capital improvements, and facilities.

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