Amazing Facts and Figures from the Pentagon’s Failed Audit

Amazing Facts and Figures from the Pentagon’s Failed Audit https://buff.ly/2KhXKAMA 236-page financial report released Thursday, which is based on the auditors’ findings, is loaded with interesting facts and figures about the sprawling U.S. Defense Department. A few examples:

• The audit covered $2.8 trillion in Department of Defense assets, which account for more than 70 percent of the U.S. government’s total assets.
• Those assets include more than 585,000 buildings and structures worldwide.
• DoD operates 4,700 sites around the world, covering 26.9 million acres – roughly the size of Tennessee. The sites range from weather towers occupying a few square feet to the 3.5 million-acre White Sands Missile Range in New Mexico.
• The U.S. military owns 15,700 aircraft and more than 280 “battle force” ships.
• The Pentagon is one of the nation’s largest employers, with 1.3 million active personnel, 770,000 civilian employees, and 800,000 personnel in National Guard and reserve forces.
• The consolidated audit was performed by the Pentagon’s Office of Inspector General and was based on 20 standalone audits performed by independent accounting firms involving about 1,200 auditors.
• The auditors conducted over 900 site visits at 600 locations.
• The audit took nearly a year to complete, at a cost of $413 million.
• It found more than 2,000 problems that need to be addressed.
• The Pentagon said it expects to spend more than $500 million to fix problems identified in the audit.