Defense Conversion: Status of DOD Funding and Spending (Briefing Report,
06/30/94, GAO/NSIAD-94-218BR).

In fiscal year 1993, the Defense Department (DOD) committed or obligated
about $2.7 billion of the $3.2 billion authorized and appropriated for
57 defense conversion programs.  For 54 defense conversion programs in
fiscal year 1994, DOD committed or obligated about $1.9 billion of the
approximately $2.9 billion authorized and appropriated.  Estimates of
DOD's portion of the total federal funds to be spent on defense
reinvestment and conversion initiatives for fiscal years 1993 through
1997 are increasing.  The President's defense reinvestment and
conversion initiative, announced on March 11, 1993, totaled $19.6
billion over five years; DOD's portion was 42 percent.  The Office of
Management and Budget's February 1994 estimate of the cost of the
President's initiative was $21.6 billion; DOD's portion has increased to
59 percent.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  NSIAD-94-218BR
     TITLE:  Defense Conversion: Status of DOD Funding and Spending
      DATE:  06/30/94
   SUBJECT:  Defense appropriations
             Presidential budgets
             Fiscal policies
             Budget administration
             Defense cost control
             Department of Defense contractors
             Defense budgets
             Defense economic analysis
             Military downsizing
IDENTIFIER:  DOD Defense Conversion Assistance Program
             
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