Systemic problems are preventing the Navy from accurately tracking the shipping and delivery of thousands of items, such as guided missile launchers, leaving the service's in-transit inventory tracking open to waste, fraud and abuse, according to a General Accounting Office report released today. Last March, GAO reported that the Navy's lax in-transit inventory control procedures were costing taxpayers more than $3 billion in unaccounted-for inventory. In a follow-up report delivered to Congress earlier this month, the agency said the Navy...
