The Defense Department is taking action to better assess and report the value of weapon systems and other items provided to foreign allies -- like Ukraine -- under Presidential Drawdown Authority, according to a new Government Accountability Office report detailing DOD's shortcomings in the area. The audit stems from a $6.2 billion accounting error DOD announced in June 2023, stating it overvalued the equipment it transferred to Ukraine in fiscal year 2022 by $2.6 billion and by $3.6 billion for...
