United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2008-02-07 monographic deposited born digital 44 p. GA 1.13:GAO-08-298 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-08-298 P0b002ee180385686 f:d08298 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-08-298 machine generated eng fdlp REPORT GAOREPORTS-GAO-08-298 GAO-08-298 Contract costs Cost analysis Cost effectiveness analysis Defense appropriations Defense budgets Defense cost control Defense procurement Department of Defense contractors Financial management Lessons learned Multiyear contracts Procurement planning Program management Strategic planning Weapons systems Cost estimates F-22 Raptor Aircraft Other Written Product A80614

DOD spends $10 billion annually on multiyear procurement (MYP) contracts for weapons systems. MYPs may save money through more efficient relationships with suppliers and producers, but may also suffer losses if cancelled and can limit future budget flexibility. Recently, Congress has been concerned about DOD's management of the process and savings realized by MYPs. GAO was asked to evaluate DOD's review process for MYP candidates; examine MYP program outcomes; identify the impact of changes to MYP savings threshold guidance, and determine how much DOD validates MYP performance. To do this, GAO reviewed statutes and other guidance, held discussions with relevant officials, examined DOD budget justifications and contracts, and conducted limited case studies. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-08-298/html/GAOREPORTS-GAO-08-298.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-08-298/pdf/GAOREPORTS-GAO-08-298.pdf GAO-08-298 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-08-298 Other Written Product GAO-08-298; Defense Acquisitions: DOD's Practices and Processes for Multiyear Procurement Should Be Improved; Contract costs Cost analysis Cost effectiveness analysis Defense appropriations Defense budgets Defense cost control Defense procurement Department of Defense contractors Financial management Lessons learned Multiyear contracts Procurement planning Program management Strategic planning Weapons systems Cost estimates F-22 Raptor Aircraft Title 10 Section 2306b Title 10 Section 2306b(a)(3) Title 10 Section 2306b(a)(4) 10 U.S.C. 2306b 10 U.S.C. 2306b(a)(3) 10 U.S.C. 2306b(a)(4) Public Law 97-86 Public Law 101-189 Public Law 101-510 Public Law 108-287 Public Law 109-365