Internal audit says Federal Housing Administration doing a poor job of evaluating lendersOctober 16th, 2009 Audit questions FHA's ability to screen lendersWASHINGTON — The government's mortgage insurance agency is doing a poor job of screening lenders that enter the program, an internal audit has found. The audit was completed last month by the Department of Housing and Urban Development's inspector general.
Boeing gets $6.5 million defense deal to provide aircraft parts for ArmyOctober 2nd, 2009 Boeing gets $6.5M defense dealWASHINGTON — The Boeing Co. received a $6.5 million contract from the Defense Logistics Agency to provide aircraft parts for the Army, the Pentagon said late Thursday.
Audit done after shooting says SF transit officers need more trainingSeptember 30th, 2009 Audit after shooting says officers need trainingOAKLAND, Calif. — An audit done after the fatal shooting of an unarmed man says San Francisco Bay area transit officers need more training and presence on trains and at stations.
GAO finds widespread problems with Pentagon audits of contracts worth billionsSeptember 22nd, 2009 GAO finds audit quality problems at PentagonWASHINGTON — Pentagon auditors face serious problems in their ability to oversee contracts worth hundreds of billions of dollars, according to congressional investigators, and a key senator says the agency in charge needs to focus more on quality than speed. The Government Accountability Office reviewed 69 audits and other cost-related assignments by the Defense Contract Audit Agency and found only four complied with government auditing standards.
Terex gets $5.6 million defense contract for rock crusher machineAugust 28th, 2009 Terex gets $5.6 million Pentagon contractWASHINGTON — Heavy equipment maker Terex Corp. received a $5.6 million contract from the Defense Logistics Agency for a rock crusher jaw plant, the Pentagon said late Thursday.
Air BP gets $112.1 million Pentagon deal to provide fuelAugust 27th, 2009 Air BP gets $112.1M defense contractWASHINGTON — Air BP, a division of BP Products North America Inc., received a $112.1 million contract from the Defense Logistics Agency for fuel, the Pentagon said late Thursday. Shares of parent company BP Plc, the British oil major, fell 8 cents to $51.80 in after-hours trading, after adding 51 cents to close at $51.88.
AAR receives $40 million contract from BAE Systems to build more mobile shelters for ArmyAugust 25th, 2009 AAR gets $40M contract from BAE SystemsWOOD DALE, Ill. — Aviation product supplier AAR Corp.
SAIC gets $250 million defense deal for maintenance and repair servicesAugust 18th, 2009 SAIC gets $250 million defense pactWASHINGTON — Science Application International Corp., or SAIC, received a $250 million contract from the Defense Logistics Agency for maintenance and repair work, the Pentagon said late Tuesday. The Army, Navy, Air Force, Marine Corps and other federal agencies will be using SAIC's services, according to the government notice.
Officials detail questionable costs, poor management on deal for Arabic-speaking interpretersAugust 12th, 2009 Major problems cited in Iraq interpreter contractWASHINGTON — A company with a $4.6 billion contract to supply U.S. forces in Iraq with Arabic-speaking translators received a scathing review on Wednesday from government officials who described tens of millions of dollars in questionable costs and poor management.
US has sacrificed 647 armymen in Afghanistan : Defense ReportJuly 9th, 2009 As of Wednesday, July 8, 2009, at least 647 members of the U.S. military had died in Afghanistan, Pakistan and Uzbekistan as a result of the U.S.
At least 637 US military deaths in Afghanistan region since 2001, Defense Department saysJune 23rd, 2009 US military deaths in Afghanistan region at 637As of Monday, June 22, 2009, at least 637 members of the U.S. military had died in Afghanistan, Pakistan and Uzbekistan as a result of the U.S.
Top Pentagon auditor cites unprecedented number of reports of suspected contract fraud, wasteMay 5th, 2009 Pentagon auditor cites heavy fraud by contractorWASHINGTON — A massive contract to support U.S. troops in Iraq and Afghanistan received a withering review Monday, as a special panel investigating waste and fraud in wartime spending was told of numerous deficiencies in the arrangement that has paid KBR Inc.
Top Pentagon auditor cites unprecedented number of reports of suspected contract fraud, wasteMay 4th, 2009 KBR wartime support contract criticized at hearingWASHINGTON — A massive contract to support U.S. troops in Iraq and Afghanistan received a withering review Monday, as a special panel investigating waste and fraud in wartime spending was told of numerous deficiencies in the arrangement that has paid KBR Inc.
Senior auditor says company didn't do enough to make sure taxpayers got most for their moneyMay 4th, 2009 Pentagon's top auditor criticizes KBR support workWASHINGTON — The Pentagon's top auditor on Monday criticized KBR Inc.'s performance on a $31.7 billion combat support contract, pointing to numerous instances where the company failed to make sure U.S. taxpayers were getting the most for their money.
Audit says Pa. liquor agency showed 'poor judgment' in handing contract to employee's husbandApril 29th, 2009 Audit: Pa. liquor agency should change bid processHARRISBURG, Pa. — The Pennsylvania Liquor Control Board exhibited poor judgment but did not break the law in awarding a $174,000 training contract to a company headed by the husband of one of the agency's managers, the state auditor general said Wednesday.
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