Author Topic: Pentagon fails financial audit for 8th year in a row  (Read 219 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 191,160
Pentagon fails financial audit for 8th year in a row
« on: Saturday, Dec 20, 2025 05:47 am »
Pentagon fails financial audit for 8th year in a row
By Tanya Noury
 Dec 19, 2025, 05:54 PM
 
The Pentagon failed its financial audit for the eighth consecutive year, the Defense Department said Friday, highlighting the ongoing systemic challenge the nation’s largest federal agency faces in fully accounting for its assets.

The department has received a failing grade on every audit since Congress mandated annual reviews beginning in 2018, and is the only one of the government’s 24 major agencies never to pass.


In the Department of Defense Agency Financial Report for fiscal year 2025, auditors identified 26 material weaknesses and two significant deficiencies in the department’s financial reporting.

Among the shortcomings were omissions in the Joint Strike Fighter Program, the Pentagon’s multifaceted effort to develop an affordable strike aircraft for the Air Force, Marine Corps, Navy and allied nations.

https://www.militarytimes.com/news/pentagon-congress/2025/12/19/pentagon-fails-financial-audit-for-8th-year-in-a-row/
« Last Edit: Saturday, Dec 20, 2025 05:48 am by rangerrebew »
“Our government teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.” Louis D. Brandeis