Army Contract Adjustment Board: Decision to Grant Contract Relief to Action Manufacturing Company
NSIAD-91-230
Published: Jul 15, 1991. Publicly Released: Jul 15, 1991.
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Highlights
Pursuant to a congressional request, GAO provided information on the contractual relief the Army Contract Adjustment Board (ACAB) granted to a defense contractor which had ceased operations due to financial problems.
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Army procurementBank loansCombat readinessContractual reliefCost reimbursement contractsDebtDefense industryIndustrial mobilizationMunitionsMilitary forces