Pentagon Finds Another $2 Billion Of Accounting Errors For Ukraine Aid

16 comments

1. The Pentagon has found $2 billion worth of additional errors in its calculations for ammunition, missiles, and other equipment sent to Ukraine, a U.S. government report revealed on July 25. The Government Accountability Office report showed that the U.S. Department of Defense has faced challenges in valuing defense articles sent to Ukraine due to unclear accounting definitions. The Pentagon said in 2023 that “replacement value” had been used instead of “depreciated value” to tabulate the billions in matériel sent to Ukraine. That correction uncovered a $6.2 billion error, and the Pentagon now says $2 billion more in overstatements have been found. As a result, an additional $2 billion worth of arms can be sent to Ukraine to cover the amount of aid approved by the Biden administration.

2. Most badass accountants ever

3. I wonder how much of this is intentional and how much is honest to god bad accounting lol.
   It’s the government, so I lean towards the latter but either way this is great news! Keep those errors coming lol

4. When you misread a 1 for a 7 and it means you can arm an entire division!

5. Looks like HIMARs are back on the menu boys!

   HIMARS, and Bradley’s and Tungsten-oh my!

   Get it to Ukraine now!!

6. The US’s accounting errors are the equivalent of a significant percentage of Russia’s annual defense spending. Who should be afraid of escalation again?

7. Convenient

8. haven’t seen US aid announcement recently. with the amount slotted with a potential trump presidency coming up. I assumed we’d be draining the coffers.

9. Wink wink, lets send more aid 🙂

10. Whats the cost to maintain those pieces of equipment to be in semi ready condition. How.much would it take to get each piece combat effective ready??.

    The best is people are bitching about billions while fighting the taliban cost how many trillion? And what did it get??

11. $2bn here, $2bn there and pretty soon we’re talking about real money. /s

12. As a CFO, I would say fire those people. Good for Ukraine. Crush russia.

13. I can’t decide if this is a genuine mistake or tomfoolery. I approve more money to Ukraine though.

14. Hey pentagon? Got any more of them accounting errors?

15. So, the US used “Replacement value” to boost the apparent value of of the aid, then when things got tight, they reverted back to “depreciated value” to squeeze more aid?

16. It’s great it’s been figured out. Just too bad it couldn’t have been given even sooner. It’s excruciating watching how hard Ukraine is fighting and how glacial the pace of aid has been.