Two Contracts for Nuclear Attack Submarines Modified Under Authority of Public Law 85-804--Status as of December 22, 1979

The Defense Appropriation Authorization Act of 1979 requires the Comptroller General to annually report the results of audits and reviews of two contracts for submarines awarded by the Navy to General Dynamics Corporation. The purpose of the audits and reviews is to ensure that funds authorized to provide relief under Public Law 85-804 are used only in connection with the contracts and that the prime contractor does not realize any total combined profit on the contracts. The report covered the year ended December 22, 1979.