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Contract Pricing: Material Prices Overstated on GBU-15 Bomb Weapon System

NSIAD-89-125 Published: Apr 27, 1989. Publicly Released: Apr 27, 1989.
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Highlights

GAO reviewed materiel prices under an Air Force firm-fixed-price contract for module sets for the GBU-15 Modular Guided Weapon System to determine whether the contractor complied with a statutory provision requiring it to provide accurate, complete, and current pricing data for the required materiel.

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Air Force procurementBombsContract costsContract negotiationsDepartment of Defense contractorsEquipment contractsInformation disclosureQuestionable paymentsQuestionable procurement chargesRefunds to government