Pricing of Subcontracts Awarded to Aeronca by Grumman

Gao ID: PSAD-79-45 March 12, 1979

A review of a subcontract awarded to Aeronca, Inc., by Grumman Aerospace Corporation was conducted as part of a nationwide survey of the pricing of noncompetitive subcontracts awarded under the Department of Defense negotiated noncompetitive prime contracts.

Several segments of the subcontract were found to be overpriced by approximately $280,000 because Aeronca did not disclose current, complete, and accurate cost or pricing data before negotiations.

Recommendations

Our recommendations from this work are listed below with a Contact for more information. Status will change from "In process" to "Open," "Closed - implemented," or "Closed - not implemented" based on our follow up work.

Director: No director on record Team: No team on record Phone: No phone on record


The Justia Government Accountability Office site republishes public reports retrieved from the U.S. GAO These reports should not be considered official, and do not necessarily reflect the views of Justia.