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    Subject Term: "Stock market"

    2 publications with a total of 4 open recommendations
    Director: Cary Russell
    Phone: (202) 512-5431

    2 open recommendations
    Recommendation: To improve DOD's management of its prepositioned stocks and reduce potential duplication among the services' programs, the Secretary of Defense should direct the Under Secretary of Defense for Acquisition, Technology, and Logistics, in coordination with the Chairman of the Joint Chiefs of Staff, to revise DOD's strategic policy or include in other department-wide guidance a description of the department's vision and the desired end state for its prepositioned stock programs.

    Agency: Department of Defense
    Status: Open

    Comments: When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
    Recommendation: To improve DOD's management of its prepositioned stocks and reduce potential duplication among the services' programs, the Secretary of Defense should direct the Under Secretary of Defense for Acquisition, Technology, and Logistics, in coordination with the Chairman of the Joint Chiefs of Staff, to revise DOD's strategic policy or include in other department-wide guidance specific interim goals for achieving that vision and desired end state.

    Agency: Department of Defense
    Status: Open

    Comments: When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
    Director: Cary Russell
    Phone: (202) 512-5431

    2 open recommendations
    Recommendation: To help provide congressional decision makers with complete and relevant information, the Secretary of Defense should direct the Under Secretary of Defense for Acquisition, Technology and Logistics, in coordination with the Chairman of the Joint Chiefs of Staff, to develop a standardized definition of prepositioning that is consistent with that used in DOD's joint service guidance.

    Agency: Department of Defense
    Status: Open

    Comments: In written comments on the earlier classified version of this report, DOD concurred with our recommendations to (1) develop a standardized definition of prepositioning that is consistent with that used in DOD's joint service guidance, and (2) apply this definition consistently to identify prepositioned materiel and equipment across DOD, including the services, the combatant commands, and the defense agencies. While DOD has not completed these actions, it anticipates addressing them as it works to develop a strategic policy for a joint approach to preposition, including an implementation plan, which it anticipates completing by the end of fiscal year 2017. Consequently, this recommendation remains open. DOD issued its strategic policy on prepositioning on March 7, 2017, and on Sept. 5, 2017, DOD said the implementation plan is in for final approval and should be published very soon. When it is issued we will review this plan to determine if it provides a standardized definition that is consistent with that used in DOD's joint service guidance.
    Recommendation: To help provide congressional decision makers with complete and relevant information, the Secretary of Defense should direct the Under Secretary of Defense for Acquisition, Technology and Logistics, in coordination with the Chairman of the Joint Chiefs of Staff, to apply this definition consistently to identify prepositioned materiel and equipment across DOD, including the services, the combatant commands, and the defense agencies.

    Agency: Department of Defense
    Status: Open

    Comments: In written comments on the earlier classified version of this report, DOD concurred with our recommendations to (1) develop a standardized definition of prepositioning that is consistent with that used in DOD's joint service guidance, and (2) apply this definition consistently to identify prepositioned materiel and equipment across DOD, including the services, the combatant commands, and the defense agencies. While DOD has not completed these actions, it anticipates addressing them as it works to develop a strategic policy for a joint approach to preposition, including an implementation plan, which it anticipates completing by the end of fiscal year 2017. Consequently, this recommendation remains open. DOD issued its strategic policy on prepositioning on March 7, 2017, and on Sept. 5, 2017, DOD said the implementation plan is in for final approval and should be published very soon. When it is issued we will review this plan to determine if it provides a standardized definition that is consistent with that used in DOD's joint service guidance, and states how it will apply this definition consistently to identify prepositioned material and equipment across DOD, including the ser4vices, the combatant commands, and the defense agencies.