Aerospace Group:

Pentagon

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

By Vivienne Machi

Friday, November 16th, 2018

SHARE:

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…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]