NEW: Follow the Editorial Staff on
StrategyPage Twitter Link

GROUND COMBAT +

AIR COMBAT +

NAVAL OPERATIONS +

SPECIAL OPERATIONS +

HUMAN FACTORS +

SPECIAL WEAPONS +

WARFARE BY THE NUMBERS +

LOGISTICS +

TOOLS +


Visit StrategyPage's US Cavalry Store
Leadership Article Index : Current 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
 Latest
 News 		  Most
 Read 		  Most
 Commented		  Hot
 Topics

Auditing Chaos

December 31, 2006: During the last year, U.S. Department of Defense auditors recovered $1.9 billion from companies that had defrauded the government on military contracts. Defense spending is over $400 billion a year, so that recovery amounts to less than one half of one percent of spending. Nearly half (47 percent) of the money recovered was from one case, that of a health care company that filed false claims for care given to military dependents and retirees. The Department of Defense spends nearly $40 billion a year on such care, although the money recovered in this case was for fraud that occurred over several years. Another 32 percent of the money recovered was from Boeing, for cheating while bidding on a satellite launching contract. The remaining 21 percent of the money recovered was for work on hundreds of smaller cases. Auditors are taking a close look at spending in Iraq, because, under combat conditions, controls are not as tight, and there's more opportunity for stealing, or just making the kinds of errors auditors and journalists love to find.

submit to reddit
Send Link to a Friend




New Strategy - Wargames at Discount Prices
1.Modern Air Power: War Over the Middle East
2.Commander: Napoleon at War
3.Close Combat: Watch am Rhein
4.Gallic Wars
5.Fast Action Battle: The Bulge

100+ Computer and Board games all with free shipping.
 
 
 

StrategyWorld.com© 1998 - 2009StrategyWorld.com. All rights Reserved. StrategyWorld.com, StrategyPage.com, FYEO, For Your Eyes Only and Al Nofi's CIC are all trademarks of StrategyWorld.com Privacy Policy