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Congress

DoD Fails To Meet Audit Timeline, Says FY ’15 Is 91 Percent Complete

Pat Host

Thursday, February 5th, 2015

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DoD Fails To Meet Audit Timeline, Says FY ’15 Is 91 Percent Complete

Though the Defense Department failed to meet a key Sept. 30 deadline of achieving audit readiness for years-long budget activity documents, the Pentagon believes it has made “great progress.”Approximately 91 percent of fiscal year 2015 is under independent audit, the office of Pentagon comptroller Mike McCord said in DoD’s November Financial Improvement and Audit Readiness (FIAR) plan status report. DoD said this is a tremendous accomplishment and the funds that will be under audit represent most of the financial information…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]