Sample report · Defense & Aerospace
We re-derived a published figure from the public record.
GAO reports the F-35's full mission capable rate at 25 percent for FY2025, against a funded recovery strategy targeting 65 percent by 2030 — a gap of 40 points in about five years, roughly 8 points per year. The program's own officials, as reported by GAO, expect performance to get worse before it gets better, with improvements not materializing before late 2026. The report presents that contrast as arithmetic, not opinion — alongside a 42.4% incentive-fee earn rate paid while the incented metrics stagnated.
The situation
A $13.7 billion recovery plan, tested against its own timeline.
A congressional oversight committee receives the statutory annual review of a fielded weapon system in sustainment. The program has a funded recovery strategy with a stated target and date; the auditor's figures let the committee test whether the arithmetic supports the plan.
We entered GAO's reported figures and had the report compute the required improvement rate, the incentive-fee earn rate, and the recommendation closure rate — with no earned-value metrics invented, because none are published.
What we supplied
Only public inputs — each one sourced.
Single source by design: GAO's June 2026 sustainment review. Every figure is labeled as auditor-reported (or the program office's estimate, as reported by the auditor).
| Input | Value | Source |
|---|---|---|
| Additional funding, FY2026–31 | $13.7B ($2.2B Reset + ~$11.5B budget gap) | GAO-26-108113 (JPO estimate) |
| FMC rate FY2025 / target 2030 | 25% (down from 38%) / 65% | GAO-26-108113 |
| MC rate FY2025 / target | 44% / 80% | GAO-26-108113 |
| Incentive fees 2020–23 | >$114M paid of ~$269M available | GAO-26-108113 |
| GAO recommendations | 46 since 2014: 14 implemented, 32 open | GAO-26-108113 |
| Mid-2030s affordability gap | ~$1.2B/year | GAO-26-108113 |
Source: GAO-26-108113, F-35 Sustainment (June 2026) · download the source document we used.
The report
The finished, board-ready output.
This is the actual rendered report — interactive charts and all. Nothing was edited after generation.
Reconcile
Our output vs. the published figures.
| Metric | Published | Ours (computed) | Match | Note |
|---|---|---|---|---|
| Funding components | $13.7B total; $2.2B Reset | $2.2B + $11.5B = $13.7B | ✓ exact | Components sum to the headline |
| Required improvement rate | Stated by neither GAO nor the program | (65 − 25) ÷ ~5 years ≈ 8 points/year | ✓ exact | Compressed further if gains only begin in late 2026 — the program's own expectation |
| Incentive-fee earn rate | Both components (GAO) | $114M ÷ $269M = 42.4% | ✓ exact | Earned while the incented metrics stagnated or worsened |
| Recommendation closure | 14 of 46 implemented | 30.4% closure rate | ✓ exact | 32 open as of March 2026 |
No second party corroborates GAO's figures and the report says so; the FY2026 production and modernization assessment was withheld from public release as CUI (a first in over twenty years), so this covers sustainment only. Earned-value metrics (CPI/SPI/EAC) are nulled and disclosed as not applicable — no published baseline exists, and inventing one from assumptions would defeat the point.
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