Analysis of the Army's Conventional Ammunition Working Capital Fund

Pursuant to a congressional request, GAO reviewed the Army's implementation of the Conventional Ammunition Working Capital Fund to assess: (1) how the Fund was working; (2) whether the Army was achieving the benefits from the Fund that it claimed it would; and (3) whether the Fund was worth continuing. The Army established the Fund to: (1) simplify the ammunition procurement process; (2) reduce the paperwork incident to that process; and (3) reduce ammunition costs by consolidating procurements and awarding contracts earlier to avoid inflation effects.