TITLE

Evading Congress's radar

AUTHOR(S)
Auster, Bruce B.
PUB. DATE
August 1992
SOURCE
U.S. News & World Report;8/3/92, Vol. 113 Issue 5, p34
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Examines how Northrop Corp. and the Air Force concealed the real cost of the B-2, the super-secret radar-evading plane. How the symbiotic relationship between defense contractors and the military has driven up the cost of some weapons; Questionable accounting procedures hid the plane's true cost; The five clauses in contracts between Northrop and the Air Force; The purpose of termination clauses; Sunk costs; Accounting gimmicks.
ACCESSION #
9208031947

 

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