Posted on 09/04/2014 10:05:39 AM PDT by george76
More than $725 million was spent by the Army on a high-tech network for tracking supplies and expenses that failed to comply with federal financial reporting rules meant to allow auditors to track spending, according to an inspector generals report issued Wednesday.
The Global Combat Support System-Army, a logistical support system meant to track supplies, spare parts and other equipment, was launched in 1997. In 2003, the program switched from custom software to a web-based commercial software system.
About $95 million was spent before the switch was made, according to the report from the Department of Defense IG.
As of this February, the Army had spent $725.7 million on the system, which is ultimately expected to cost about $4.3 billion.
(Excerpt) Read more at washingtonexaminer.com ...
And they think they can run health care...
Odd, how the NSA can track every cellphone and computer terminal in the entire world, but the Army can’t track a few billion dollars.......................with a system that was designed to specifically do that............
half of all large IT projects (>$10 million) are total failures.
percentage of failures is even higher in the public sector.
Irony, meet Irony.
That’s odd because every part has an NSN (national stock number). All the parts were obviously ordered - somehow - and paid for - somehow. If their system was a failure, it was intended to be a failure.
A shame the WaEx did not name the “web-based commercial software system.”
If it’s web-based that probably means all the data is stored in the cloud and is therefore very much exposed to hacking/corruption/theft.
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