Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1315 new people
  • 107 new organizations
  • 1149 new photos
  • 1999 job history records for people in our database
  • 713 education records for people in our database
  • 3184 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 1 new person through the revolving door
  • 132 new policy reports
  • 15 new trips to our privately funded travel database
  • 356 new personal financial disclosures
  • 9208 new press releases
  • 5 new town halls
  • 37 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Defense Contractor Restructuring: Benefits to DOD and Contractors

  Premium   Download PDF Now (24 pages)
Report Type Reports and Testimonies
Report Date Sept. 10, 1998
Report No. NSIAD-98-225
Subject
Summary:

In response to declines in military spending, defense contractors have been trying to reduce costs through restructuring and consolidations. For the seven business combinations GAO reviewed, the Pentagon expects to save about $3.3 billion from contractor restructuring efforts, including layoffs, facility closings, and relocations of employees and equipment. GAO found that restructuring activities had lowered the operating costs at the seven business combinations by hundreds of millions of dollars. These reductions benefited the Defense Department (DOD) because military contract costs were lower than they would have been if the restructuring activities had not occurred. Determining the precise impact of restructuring on specific contract prices requires isolating the impact of these activities from nonrestructuring-related factors, such as changes in business volume, quantities purchased, and accounting practices. DOD, selected business segments, and GAO were generally unable to isolate the effects of restructuring from those of other factors.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com