Search

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

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.



Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…


Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…


Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…


EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…