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Contract Pricing: GBU-15 Bomb Components Overpricing

NSIAD-89-10 Published: Nov 02, 1988. Publicly Released: Nov 02, 1988.
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Highlights

GAO reviewed an Air Force procurement for components for the GBU-15 Modular Guided Weapon System, to determine whether the contractor complied with the Truth in Negotiations Act and provided accurate, complete, and current cost data.

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Topics

Air Force procurementBombsContract negotiationsInformation disclosureNoncomplianceQuestionable procurement chargesSole source procurementStatutory lawWeapons systemsContract costs