October 15, 2024

DoD Fails 2nd Audit – No Surprise

DoD Fails Audit

DoD’s second-ever financial audit shows some progress, but uncovers more new problems than fixes. DoD has 3 million employees, 4,500 defense sites in 160 countries, a $292 billion inventory, more than $2.9 trillion in total assets, and $2.8 trillion in liabilities.

Is Acting DefSec Playing Favorites?

Acting DefSec Patrick Shanahan’s remarks during his 18 months at the Pentagon have spurred accusations that he is boosting his former employer Boeing, fueling questions about whether he harbors a bias against other big military contractors.

Supersonic Plane Enters Production

Supersonic

Lockheed Martin’s experimental supersonic plane has officially entered production. Earlier this year, NASA awarded the company a contract to develop an aircraft capable of reaching supersonic speed without creating the sonic boom that comes with breaking the sound barrier.

DefSec: No Surprise DoD Fails Audit

The Department of Defense failed its first-ever audit, but officials aren’t surprised. “We never thought we were going to pass an audit, right? Everyone was betting against us that we wouldn’t even do the audit,” Deputy Defense Secretary Patrick Shanahan told reporters.

AH-1Z Undergoing Testing at Pax

AH-1Z

The US Navy has successfully completed its first joint air-to-ground missile flight test on the AH-1Z helicopter at NAS Patuxent River.

Norquist to Give Update on DoD Audit

House Will Hear of DoD Audit's Progress

Department of Defense Comptroller David Norquist is scheduled to testify before the House Armed Services Committee this week to discuss the progress of the Pentagon’s audit.

Drones Sending Sensitive US Data to China’s Cloud

ICE intelligence suggests small drones by Chinese firm Da Jiang Innovations (DJI) and purchased in the US were likely downloading sensitive US infrastructure data to the Chinese government’s cloud.

Arms Sales Rise for First Time Since 2010

arms sales F-35s

Global arms sales by the world’s top 100 defense contractors rose last year for the first time since 2010,

First DoD-Wide Audit Announced

Pentagon Jobs

The Pentagon’s office of the inspector general announced the start of the first agencywide financial audit. Beginning in 2018, audits will occur annually.