A report for the Pentagon was released by Arlington, Virginia-based Govini, which in 2019 received a five-year, $400 million contract from the Pentagon to provide data, analysis and information on Department of Defense spending, supply chain and acquisitions.
The report also states that dependence on the Chinese supply chain is present on every major weapons platform, including US aircraft carriers.
It is separately noted that the current dependence on China cannot be resolved even in a decade. Because a “supply chain” at this scale is an entire economy, as it is a network of many firms that buy and sell from each other.
An audit report, released on Feb. 25, 2000, about financial statements for the fiscal year 1999 by the Office of the Inspector General at the U.S. Department of Defense says, “For the accounting entries, $2.3 trillion was not supported by adequate audit trails or sufficient evidence to determine their validity, $2 trillion was not reviewed because of time constraints, and $2.6 trillion were supported.”
So they ACKSHUALLY revealed they could not track 2.3 trillion dollars a year earlier (but yes, Rumsfeld also did have that speech September 10, 2001)
That’s a masterful burying of bad news. But to be fair if I had to do presentation on how I’d lost a large countries GDP’s worth of money, I’d probably also do it the day before I knew a biggest news day for a deccade would be happening.