The Pentagon faced scrutiny for losing nearly $11 billion to fraud from fiscal years 2017 to 2024, according to a report by the Government Accountability Office. The report detailed multiple fraud cases, including $48 million lost to overpriced parts that grounded 47 F-15 fighter jets and $200 million defrauded by contractors misrepresenting ownership to win contracts.
The GAO stated that fraud weakens the Department of Defense’s finances and jeopardizes the safety of war fighters, highlighting a significant issue in defense spending.
Two Defense Department contracting firms misled the Pentagon about their ownership to fraudulently obtain contracts, costing the federal government $200 million, according to the GAO.
