Menu Search Account

LegiStorm

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

Government Operations: Pricing of Subcontracts Awarded to Aeronca by Grumman

  Premium   Download PDF Now (10 pages)
Report Type Reports and Testimonies
Report Date March 12, 1979
Report No. PSAD-79-45
Subject
Summary:

A review of a subcontract awarded to Aeronca, Inc., by Grumman Aerospace Corporation was conducted as part of a nationwide survey of the pricing of noncompetitive subcontracts awarded under the Department of Defense negotiated noncompetitive prime contracts.

Several segments of the subcontract were found to be overpriced by approximately $280,000 because Aeronca did not disclose current, complete, and accurate cost or pricing data before negotiations.

« Return to search Government Accountability Office reports