Navy Contracting: Fiscal Year 1986 Contract Award for Construction of SSN 688 Submarines

In response to a congressional request, GAO examined the Navy's fiscal year (FY) 1986 contract award for the construction of four SSN-688 nuclear attack submarines, focusing on: (1) whether the proposed bid prices were realistic; (2) what the cost and national security consequences would be if the prices were not realistic; (3) what assurances, if any, the contractor gave the Navy that it would construct the submarines within contract prices; and (4) how the Navy will monitor actual contract costs.