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B-163058 1 (1971-10-14)

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                  COMPTROLLER GENERAL OF T
               v'5'         WASHINGTON. 0


                             RELEASED                    OCT 1419





                                                   LM092531

  Dear Mr. Chairman:

      Enclosed is the updated summary of estimated cost data, concerning
   the status of 45 selected mjor wegegn systems included both in our
   report thereon dated March 18~ 1971 (See Attachment I), and in the
   March 31, 1971, SARs as requested by your letter of September 20, 1971.
   This information was obtained from the March 31, 1971, Selected Acquisi-
   tion Reports (SARs) as released by the Department of Defense. We have
- made no audit or verification of the reported data.

      In addition to the summary data, we have included a schedule of
  program cost data for each of the individual systems included on the
  Selected Acquisition Reporting System as of March 31, 1971 (See Attach-
  ment II).

      As you know, we do plan to review the SAR's issued as of June 30th
   in connection with the preparation of our Major Acquisition Reporting
   System report on the status of these and other weapon systems early in
   the next calendar year.

                                                Sincerely yours,




                                                Comptroller General
                                                of the United States

  Attachments



  The Honorable William Proxmire, Chairman
  Subcommittee on Priorities and Economy in Government
  Joint Economic Committee                   71
  Congress of the United States







                        50TH ANNIVERSARY 1921-197Fn     ?

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