SUPPLEMENTARY REPORT ON AUDIT OF COSTS LOCKHEED AIRCRAFT CORPORATION ( LOCKEED AIRCRAFT CORPORATION (LOCKEED-CALIFORNIA COMPANY) B

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP67B00820R000300170013-1
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: May 8, 2007
• Sequence Number: 13
• Publication Date: May 11, 1966
• Content Type: NOTES

"USAF De ss" F r Release 2007/05/08: CIA-RDP67B0082OR000300170013-1
Instructions On File*
DEPARTMENT OF THE AIR FORCE
HEADQUARTERS UNITED STATES AIR FORCE
WASHINGTON 25, D.C.
REPLY TO
ATTN OF:
OSA-1737-66
#A-1713 - Supp. #1
REPLY TO:
Audit Liaison Office
P. 0. Box 8155
S. W. Station
Washington, D. C.
11 May 1966
SUBJECT: Supplementary Report on Audit of Costs
Lockheed Aircraft Corporation
(Lockheed-California Company)
Burbank, California
Contract No. SP-1927
TO Contracting Officer
REF (a) Contractor's letter and 16 Mar 66 Final Cost Statement
(b) 5 Nov 65 Advisory Report #1713 OSA-4292-65
1. A limited audit was made of the contractor's revised
final cost statement, reference (a).
2. As a result of the findings stated in reference (b)
paragraph 3, the contractor made several adjustments, as stated in
its revised proposal transmittal letter. They applied the 1964
overhead and G & A rates, as negotiated in October 1965, to 972.1
direct labor hours incurred during the year ended 31 December 1964.
As a result of our examination, the revised proposed
costs of I Iwas incurred subsequent to 31
August 1964), are recommended for acceptance. This acceptance is
subject to the clarification of the points commented upon in
paragraphs 4, 5, and 6 of reference (b) report.
Auditor General Representative (APL)
Approved For Release 2007/05/08: CIA-RDP67B0082OR000300170013-1