GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
An executive order called for a DOD-funded domestic loan program to help increase production of critical COVID-related items. Per the order, the U.S. International Development Finance Corporation—an agency that manages international development investments—runs the program.
GAO saved taxpayers $66.2 billion in FY 2021. Our average return on investment for the past 5 years is $158 to $1. We did it by recommending ways to improve the efficiency and effectiveness of federal programs and more.
Getting missile defense systems into the field to defend the U.S. and its allies from attacks is a high priority.
Traditionally, the Department of Defense allowed more flexibility in acquiring these systems.
DOD has faced challenges acquiring new weapon systems—such as aircraft, ships, and satellites—on time and on budget.
In 2018, DOD revised its process for reviewing and approving "capability documents," which identify new or enhanced capabilities in weapon systems.
We testified about the wide range of services we provide to Congress, how they have evolved, and how the agency is positioned for the future.
GAO began in 1921 reviewing payments and conducting financial reviews.
In 2019, Congress directed DOD to develop a strategy to better engage with small businesses and coordinate small business programs across the department.
We analyzed trends in DOD contracting. From FY 2011 to 2020, DOD spending on contracts with small businesses increased.
Federal agencies participating in the Small Business Innovation Research and Small Business Technology Transfer programs awarded over $3 billion to small businesses in FY 2020 to develop and commercialize new technologies.