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DOD Financial Management: Air Force Needs to Properly Account for All General Equipment That Contractors Hold
February 04, 2026
WASHINGTON, Feb. 4 (TNSLrpt) -- The Government Accountability Office issued the following report:

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DOD Financial Management: Air Force Needs to Properly Account for All General Equipment That Contractors Hold

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Fast Facts

The Department of Defense has been unable to accurately account for government property in its contractors' possession. Some of the $118.4 billion in general equipment the Air Force reported in FY 2024 . . .

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