Department of Defense press release (June 1, 2005): inspector general accountability report completed.The Department of Defense inspector general has completed an extensive and detailed review of personnel involved in the Boeing KC-767A tanker program. The report makes several recommendations involving changes and revisions in acquisition, leasing, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , and management procedures and policies. Many of the issues raised in this report have already been identified and are being addressed. Additionally, the department has temporarily established direct oversight of major Air Force programs during this leadership transition period in the Air Force. Other reviews, undertaken at the initiative of officials within the department to improve procurement procedures, include two Defense Science Board studies (a study of tanker recapitalization Recapitalization Restructuring a company's debt and equity mixture often with the aim of making a company's capital structure more stable. Notes: Companies often want to diversify their debt-to-equity ratio to improve liquidity. requirements and a study of the department's acquisition management structure and procedures); the National Defense University's study of lessons learned from the proposed lease of KC-767 tanker aircraft
Druyun graduated from Chaminade University of Honolulu and the executive education program at the Kennedy School of Government at Harvard was involved as a member of the Air Force secretariat Secretariat, 1970–89, thoroughbred race horse. Trained by Lucien Laurin and ridden by Ron Turcotte, Secretariat won the Kentucky Derby, Preakness, and Belmont Stakes to capture the Triple Crown in 1973. Secretariat (foaled 1970) U.S. , from 1993 to 2002. These initiatives, as well as others, will greatly improve the management and cost-effectiveness of the DoD acquisition process. DoD continues to monitor aggressively and, when necessary, to upgrade and revise its acquisition process to ensure that taxpayer dollars are efficiently and effectively used to the benefit of American warfighters. |
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