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Pentagon

First-Ever DoD Audit Reveals Compliance and Cyber Issues, But No Major Fraud

By Vivienne Machi

Friday, November 16th, 2018

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First-Ever DoD Audit Reveals Compliance and Cyber Issues, But No Major Fraud

The results of the Pentagon’s first audit reveal flaws in its information technology processes and internal tracking database issues, but no evidence of major abuse or fraud.The audit, which was conducted by the DoD’s Offices of the Inspector General and Comptroller, was revealed last Thursday evening and covered over $2.7 trillion in department assets. The Department of Defense technically failed the audit, as a mere five out of 21 individual targeted areas received a full passing grade. But Deputy Defense…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]