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US GOVT GAO Disclosure Document

US GOVT GAO Disclosure Document

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Weaknesses in the Defense Industrial Security.
Weaknesses in the Defense Industrial Security.

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Published by: RevolutionizingAwareness on Jun 07, 2010
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United States General Accounting Office
Report to Congressional Requesters
February 1996
DEFENSE INDUSTRIALSECURITYWeaknesses in U.S.Security ArrangementsWith Foreign-OwnedDefense Contractors
United StatesGeneral Accounting Office Washington, D.C. 20548National Security andInternational Affairs Division
B-265628February 20, 1996The Honorable Floyd SpenceChairmanThe Honorable Ronald V. DellumsRanking Minority MemberCommittee on National SecurityHouse of RepresentativesThis is an unclassified version of a classified report issued to you in 1995. This report discussessecurity arrangements known as voting trusts, proxy agreements, and special securityagreements that are used to protect sensitive information when foreign-owned U.S. defensecontractors perform on classified Department of Defense contracts. Our review was in responseto a request from the former Chairman and Ranking Minority Member, Subcommittee onOversight and Investigation, House Committee on Armed Services. In chapter 4 of this report,we recommend improvements in trustee oversight of information security and additionalcontrols to prevent potential trustee conflicts of interest.We are sending copies of this report to the Chairman and Ranking Minority Member, SenateCommittee on Armed Services, and the Secretary of Defense. Copies will also be made availableto others upon request.Please call me at (202) 512-4587 if you or your staff have any questions concerning this report.Other major contributors to this report are listed in appendix II.David E. Cooper Associate Director,Defense Acquisition Issues

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