Story perspectives

Pentagon's Eighth Audit Fails; Aims for 2028 Clean Slate

12/19/2025

Summary

Story summary

The Pentagon has failed its eighth consecutive financial audit and targets a clean audit by 2028, amid bipartisan criticism.
For fiscal year 2025, the Department of Defense reported 26 material weaknesses and two significant deficiencies in financial controls, including a misstatement in the F-35 Joint Strike Fighter program.
Defense Secretary Pete Hegseth acknowledged progress.
The CFO reiterated its commitment to resolving these issues and achieving a clean audit by 2028.

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Story summary

The Pentagon has failed its eighth consecutive financial audit and targets a clean audit by 2028, amid bipartisan criticism.
For fiscal year 2025, the Department of Defense reported 26 material weaknesses and two significant deficiencies in financial controls, including a misstatement in the F-35 Joint Strike Fighter program.
Defense Secretary Pete Hegseth acknowledged progress.
The CFO reiterated its commitment to resolving these issues and achieving a clean audit by 2028.