Accession Number : ADA192998

Title :   Navy Maintenance: Naval Aviation Depots' Asset Capitalization Program Needs Improvement.

Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV

Report Date : APR 1988

Pagination or Media Count : 44

Abstract : Between fiscal years 1983 and 1987, the naval aviation depots were authorized $384 million for plant modernization under the Asset Capitalization Program. GAO evaluated the depot's implementation of this program, including the success achieved, the adequacy of internal controls, and the status of budget execution. Industrial fund activities, such as aircraft maintenance depots and shipyards, perform functions of an industrial or commercial nature for customers that reimburse the activities for costs incurred with appropriated funds. In 1983 the Department of Defense established the Asset Capitalization Program to modernize the plant and equipment at the industrial fund activities. The objectives of the program are to bring about more business like operations while realizing economies and efficiencies, increasing productivity, and strengthening the industrial base. The program applies to almost all Department of Defense industrial fund activities. GAO focused on implementation within the naval aviation depots.

Descriptors :   *NAVAL AVIATION, *SUPPLY DEPOTS, *PLANNING PROGRAMMING BUDGETING, *FINANCIAL MANAGEMENT, AIRCRAFT MAINTENANCE, CONTROL, DEPARTMENT OF DEFENSE, INDUSTRIES, INTERNAL, MAINTENANCE, PRODUCTIVITY, SHIPYARDS, NAVAL BUDGETS, MANAGEMENT INFORMATION SYSTEMS.

Subject Categories : Administration and Management
      Aircraft
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE