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Defense Contractors: Pay, Benefits, and Restructuring During Defense Downsizing

NSIAD-96-19BR Published: Oct 10, 1995. Publicly Released: Nov 09, 1995.
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Highlights

Pursuant to a congressional request, GAO provided information on the top 10 Department of Defense (DOD) contractors, focusing on: (1) executive and employee compensation and executive stock options; (2) the nature and extent of these contractors' restructuring efforts in response to defense downsizing; and (3) the assistance provided to workers separated because of defense contractor downsizing.

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Contractor personnelCorporate mergersDefense conversionDepartment of Defense contractorsEmployee buyoutsExecutive compensationFringe benefitsMilitary downsizingReductions in forceSeverance payEmployee compensation