Analysis of military contracting procedures.

Nearly one -third of the annual budget of the Department of Defense is spent for the research, development, and production of weapons systems. All but a very small fraction of these activities are carried out by private industry under contract with the government. Over the years this contractual relationship has given birth to the so-called defense industry- -an industry which in 1963 accounted for 3 per cent of the gross national product. No other industry is subject to as much governmental control as is the defense industry. These controls stem from many different motives. Some are designed to protect the public purse from being drained by payments of excessive or fraudulent profits. Others have as their purpose the furtherance of social or economic objectives. Still others are concerned with providing contractors with incentives to improve their performance.

Grantor dc:publisher

George Washington University

Year dc:date.issued

1965

Author dc:creator

• O'Connor, William Joseph Michael

Advisor dc:contributor.advisor

• Stromsen, Karl

Language dc:language.iso

en_US

Handle dc:identifier.uri

https://hdl.handle.net/10945/11621

OAI identifier oai:identifier

oai:calhoun.nps.edu:10945/11621