Lockheed Martin employees work on the F-35 Lightning II Joint Strike Fighter production line in Fort Worth, Texas. (Lockheed Martin)
The Hill: Watchdog: Pentagon doesn't know where $2.1B was spent on F-35 parts
Pentagon officials did not account for and manage $2.1 billion worth of F-35 Joint Strike Fighter parts and must now rely on the aircraft’s maker, Lockheed Martin, to tell them where and when it spent the funds, according to a new watchdog report.
The scathing report from the Defense Department's (DOD) Office of Inspector General found that Pentagon officials “failed to implement procedures, and failed to appoint and hold officials responsible, to account for and manage government property for more than 16 years.”
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WNU Editor: The Inspector General's report is here .... Audit of Management of Government‑Owned Property Supporting the F‑35 Program (Department of Defense).
More News On The Department of Defense Inspector General's Report On F-35 Parts
DoD inspector general slams F-35 program office for allowing Lockheed to manage government property -- Defense News
Pentagon doesn't really know how $2.1 BILLION was spent on F-35 parts – watchdog -- RT
Bombshell Report: Pentagon Mismanaged $2.1 Billion In F-35 Stealth Jet Parts -- Zero Hedge
2 comments:
The Pentagon not knowing how money is spent is not news.
Bob ran a cash till, which never balanced. He would know about running large operations.
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