Suchergebnisse

A letter report issued by the General Accounting Office with an abstract that begins "Pursuant to a legislative requirement, GAO reviewed the Air Force's engineering and manufacturing development program for the F-22 aircraft, focusing on: (1) the extent to which the F-22 development program is meeting its performance, schedule, and cost goals; (2) whether the Air Force is likely to complete the development program as planned without exceeding the cost limitation established by the act; and (3) whether GAO had access to sufficient information to make informed judgments on matters covered in this report."

This report discusses the Air Force F-22 fighter, also known as the Raptor, which is the world's most capable air-to-air combat aircraft. Procurement of F-22s began in FY1999, and a total of 187 have been procured through FY2009, including 24 in FY2009.

A letter report issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO provided information on the Air Force F-22 Raptor production cost estimate, focusing on: (1) the status of cost reduction plans, including some plans not yet implemented, and Air Force procedures for reporting on the plans; and (2) a comparison of the 1999 production cost estimates with the congressional cost limitation."

Consolidation of the defense industrial base has led to concerns about whether enough competition exists between remaining firms to maintain needed cost reduction and innovation. We examine competition in the U.S. defense industrial base by performing an in‐depth case study of Lockheed Martin and the F‐22 program that considers multiple tiers of the industrial base. We find that defense firm specialization has led to outsourcing practices and arguably a more robust U.S. defense industrial base. Implications for government policy are identified. (JEL H57, O38, D43, L14)