Tag Archives: Pentagon

Fiscal mess awaits new defense chief

Gates inherits ‘worst-managed’ federal agencyIraq isn’t the only pressing issue Robert Gates will face when he becomes the 22nd U.S. defense secretary on Monday. High on his list of priorities will likely be the enormous task of cleaning up the … Continue reading

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Sen. Tom Coburn presses Pentagon leaders to improve financial management

Republican says he’ll push for budget freeze on some accounts until books can be audited WASHINGTON — Sen. Tom Coburn on Tuesday asked the nation’s top military leaders to get the Pentagon’s financial books in order, saying he would press … Continue reading

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GAO: DOD business practices risky

WASHINGTON, Nov. 24 (UPI) — One of the most important tasks in the next session of U.S. Congress is to oversee the Pentagon’s business operations, the Government Accountability Office said. The GAO has identified 26 federal programs or activities that … Continue reading

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DoD on path to obtain clean books by 2017

Despite the Defense Department’s poor track record of meeting deadlines for achieving audit readiness, the Pentagon is on a path to meeting what it believes is the current legislative deadline for producing demonstrably clean financial reports, the department’s number two … Continue reading

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DOD creates agency to manage business programs

The Defense Department has established a new business agency that will centrally manage some of the department’s largest business programs. The idea for the Defense Business Transformation Agency (BTA), officially established on Oct. 7, was approved by the Defense Business … Continue reading

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