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Army can't track spending on $4.3b system to track spending, IG finds
wa ex ^ | September 4, 2014 | Mark Flatten

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 general’s 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 ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: army; militaryspending; spending

1 posted on 09/04/2014 10:05:40 AM PDT by george76
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To: george76

And they think they can run health care...


2 posted on 09/04/2014 10:10:04 AM PDT by Mr. K (Palin/Cruz 2016)
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To: george76

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............


3 posted on 09/04/2014 10:34:11 AM PDT by Red Badger (If you compromise with evil, you just get more evil..........................)
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To: george76

half of all large IT projects (>$10 million) are total failures.

percentage of failures is even higher in the public sector.


4 posted on 09/04/2014 10:39:48 AM PDT by Reverend Wright (the Obama Presidency: if a jayvee team puts on Lakers uniforms that doesnÂ’t make them Kobe Bryant)
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To: george76

Irony, meet Irony.


5 posted on 09/04/2014 11:06:33 AM PDT by themidnightskulker
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To: george76

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.


6 posted on 09/04/2014 11:17:25 AM PDT by captain_dave
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To: george76

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.


7 posted on 09/04/2014 1:01:47 PM PDT by upchuck (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care.)
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