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Pentagon spends $560M to fix failures found by 'largest audit in history'

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Sun, 18 Nov 18 2:04 AM | 62 view(s)
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Nov. 16 (UPI) -- In what it calls the largest audit in history, the U.S. Department of Defense on Friday outlined deficiencies within the Pentagon it says will cost roughly $600 million to fix.

The audit details inventory discrepancies, financial reporting errors and cybersecurity issues as some of the greatest problems found in the department-wide review.

It covered $2.7 trillion in assets and $2.6 trillion in liabilities for fiscal 2018. The assets covered an array of equipment, from battleships and fighter jets to spare parts and invoices.

http://www.upi.com/Defense-News/2018/11/16/Pentagon-spends-560M-to-fix-failures-found-by-largest-audit-in-history/8621542374727/




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