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Future Years Defense Program: Lower Inflation Outlook Was Most Significant Change From 1996 to 1997 Program

NSIAD-97-36 Published: Dec 12, 1996. Publicly Released: Dec 12, 1996.
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Highlights

Pursuant to a congressional request, GAO compared the Department of Defense's (DOD) fiscal year (FY) 1997 Future Years Defense Program (FYDP) with the FYDP for FY 1996, focusing on the: (1) impact of the reduction in the inflation rate on DOD's 1997 FDYP; (2) major program adjustments from the 1996 FDYP to the 1997 FDYP; and (3) implications of these changes for the future.

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Allocation (Government accounting)Base closuresBase realignmentsBudget cutsDefense budgetsDefense procurementFuture budget projectionsInflationReductions in forceProcurement