Military Airlift: Selected Events in the Development of the C-17
NSIAD-92-181FS
Published: May 04, 1992. Publicly Released: May 20, 1992.
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Highlights
Pursuant to a congressional request, GAO provided information on the Air Force's financing of the C-17 military transport aircraft, focusing on: (1) progress payments; (2) the change in accounting treatment of engineering costs; (3) the decision to split the government's contractual acceptance of the development test aircraft into two separate events; (4) reduction to the aircraft's performance specifications; and (5) the status of claims filed by the contractor.
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Accounting proceduresClaimsContract costsContract modificationsContract progress paymentsCost overrunsFuture budget projectionsMilitary aircraftMilitary forcesAircraft acquisition program