This article is included in these additional categories:

Daily Rapid Fire | Issues - Political | Legal | Official Reports | USA

Rapid Fire May 24, 2012: US DoD Foreign Transactions

For more on this and other stories, please consider purchasing a membership.
If you are already a subscriber, login to your account.
The US DoD published two FY11 reports on purchases from foreign entities and to foreign countries [PDFs]. DoD procurement actions from foreign entities amounted to $24B or 6.4% of the total. 67% of that comes from fuel, services, construction, or food. 18% or about $4.3B were spent on imported equipment. Meanwhile US Foreign Military Sales (FMS) of $2M+ amounted to a total of $14.2B: $10.5B through the Army, $2.6B via the Air Force, $1B handled by the Navy and $102M via the Defense Logistics Agency (DLA). One may conclude that the US exported $10B more in military equipment than it imported, but that would be a hasty conclusion. Substantial FMS transactions to countries like Afghanistan, Egypt or Israel are subsidized with American military aid funds. Government Contract Costs, Pricing & Accounting Report has a scathing article [PDF] on the Defense Contract Audit Agency (DCAA)… whose staff has grown to more than 4,800 employees while conducting fewer audits and letting a huge backlog of contract left unaudited. The author thinks the agency, by going overboard on procedural paperwork, fails at its core mission. RAND’s Arroyo Center surveyed the US Army’s supplier relationship management, after having published a similar report for the […]

One Source: Hundreds of programs; Thousands of links, photos, and analyses

DII brings a complete collection of articles with original reporting and research, and expert analyses of events to your desktop – no need for multiple modules, or complex subscriptions. All supporting documents, links, & appendices accompany each article.

Benefits

  • Save time
  • Eliminate your blind spots
  • Get the big picture, quickly
  • Keep up with the important facts
  • Stay on top of your projects or your competitors

Features

  • Coverage of procurement and doctrine issues
  • Timeline of past and future program events
  • Comprehensive links to other useful resources