1. ASSISTANT SECRETARY OF THE NAVY (RESEARCH, DEVELOPMENT & ACQUISITION) 7 August 2007

2. What’s New in RDA Assistant Secretary of the Navy (Research, Development & Acquisition): Dr. Delores M. Etter Principal Deputy, ASN(RD&A): VADM David Architzel Chief of Staff, ASN(RD&A): John S. Thackrah

3. Management Control Review Annual Statement Of Assurance Policy governing MICP – –Federal Managers’ Financial Integrity Act (1982) –OMB Circular No. A-123 (Management’s Responsibility for Internal Control) –DOD Instruction 5010.40 (MIC Procedures) –SECNAVINST 5200.35E (DON Program)

4. Management Control Review Annual Statement Of Assurance An annual statement to the Service Secretary and Secretary of Defense certifying the effectiveness of the agency’s internal and accounting system controls Material Weakness: a specific instance of such importance so as to warrant reporting of the deficiency to the next higher level of command/management

5. ASN(RD&A) MICP Findings –Weaknesses forwarded to SECNAV: Earned Value Management (report to SECNAV) Earned Value Management of DDG 51 Littoral Combat Ship (LCS) Program –Accomplishments forwarded to SECNAV Center of Earned Value Management

6. Follow-On Actions All Weaknesses reviewed quarterly until closed