Sign In
Search
Pentagon

4-Year Delay Projected for Accurate DoD Tracking of F-35 Parts in Accountable Property System of Record

Frank Wolfe Frank Wolfe
SHARE:
4-Year Delay Projected for Accurate DoD Tracking of F-35 Parts in Accountable Property System of Record
Members of the Oklahoma City Air Logistics Complex Heavy Maintenance Center inspect an Air Force F-35A Lightning II Demonstration Team aircraft prior to a demonstration flight at Tinker AFB, Okla. on May 25, 2021. The Air Force said that some of the personnel who repair the F-35's Pratt & Whitney F135 engine that powers the F-35A have never seen the aircraft in person (U.S. Air Force Photo)

The Pentagon's fiscal 2022 financial audit projects a four-year delay in the full and accurate accounting of F-35 parts in an Accountable Property System of Record (APSR). "The correction target date was adjusted from FY 2023 to FY 2027 due to additional time needed to develop and implement the requisite policies, procedures, and systems needed to accurately record, track, and report certain JSF [Joint Strike Fighter] assets in the financial statements," the audit said. JSF "program property are not accounted…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: PAC-3 and Wedgtail Awards, C-UAS Standards, Dem Praises Hegseth

Trending

Army Officially Launches ‘Amazon-Like’ UAS Marketplace
Lockheed Martin Rolls Out Low-Cost Containerized Grizzly Launcher
Defense Watch: Railgun Testing, DOGE Endures, FAMM Engines, Faster FMS
U.S. And Japan Conduct First SPY-7 ASEV Live Tracking Test
Space Force Adds Portfolio Acquisition Executives For Four More Mission Areas

Congress Updates

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume