‘Not the progress I would have hoped for’: Pentagon fails latest financial audit

‘Not the progress I would have hoped for’: Pentagon fails latest financial audit
‘Not the progress I would have hoped for’: Pentagon fails latest financial audit

The situation in Ukraine is providing a “teachable moment” for why it matters that the Defense Department accomplish a clean audit that establishes it has an accurate count of everything its purchased.

As most military agencies fail annual audit, comptroller claims ‘steady progress’

As most military agencies fail annual audit, comptroller claims ‘steady progress’
As most military agencies fail annual audit, comptroller claims ‘steady progress’

A goal of a 2027 clean audit across the military seems far off, as most departments, including major branches, still have work to do.

Pratt & Whitney Bets Big Profits Loom, If F-35 Stays Healthy

HARTFORD, CT: Aircraft engine maker Pratt & Whitney proudly predicts it will double its revenues this decade from $12 billion in 2010 to $24 billion in 2020 — but the company admits it will have to get through some lean years first. On both the commercial and military sides, key Pratt & Whitney programs are…