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flag The Pentagon failed its eighth straight audit, citing major financial weaknesses and misstatements.

flag The Pentagon failed its eighth consecutive annual financial audit, according to the fiscal year 2025 report, remaining the only major federal agency to never pass an audit since 2018. flag Auditors found 26 material weaknesses and two significant deficiencies, including a misstatement in the F-35 program’s spares pool, affecting asset accountability. flag The department reported $4.65 trillion in assets and $4.7 trillion in liabilities across the U.S. and over 40 countries. flag Defense Secretary Pete Hegseth cited long-term challenges like war and a weakened industrial base, while CFO Jules Hurst reaffirmed the goal of achieving a clean audit by 2028.

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