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094485 1 (1969-03-13)

handle is hein.gao/gaobadxmc0001 and id is 1 raw text is: United States General Accounting Office Washington, D. C. 20548 FOR RELEASE ON DELIVERY Expected at 2:00 p.m. EST March 13, 1969 STATEMENT OF ELMER B. STAATS, COMPTROLLER GENERAL OF THE UNITED STATES BEFORE THE SBcoMMTTEE FOR SE I IVSTIGATION /f6 COMMITTEE ON ARMED SERVICES, HOUSE OF REPRESENTATIVES Mr. Chairman and Members of the Subcommittee: At your request,w appear before you today to present the informa- tion that the General Accounting Office has developed in the course of its review of the/development and production of the Sheridan Weapon System and the M6OAIEl/E2 tank systemj7 Why review was made We reviewed the development and production of the Sheridan Weapon System because of delays incurred in making this important Army combat item available to the operational forces and because of the significant amount of funds involved in this program. We reviewed the M6OAlEl/E2 tank systems (which I will refer to as the El and E2) because of Army expenditures to apply the Shillelagh missile, ammunition, and combina- tion gun-missile launcher, which are the Sheridan's main armament, to the M60 tank. Our review was directed primarily to an evaluation of management effectiveness during the development process of these weapon systems. The total program cost for development and procurement of the Sheridan Weapon System, through fiscal year 1972, including missiles 11-62

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