The military services used replacement costs rather than the book value of the equipment that was taken from Pentagon stocks and shipped to Ukraine, according to a detailed investigation of the accounting issue, according to Pentagon spokesperson Sabrina Singh. Final computations, according to her, revealed a $3.6 billion inaccuracy in the current fiscal year and a $2.6 billion error in the 2022 fiscal year, which concluded on September 30.
The department has more funds now, which it may deploy to aid Ukraine as it continues its counteroffensive against Russia. Additionally, it occurred as congressional funding was starting to decline and the fiscal year was coming to a close.
"It's just going to go back into the pot of money that we have allocated" for the upcoming Pentagon stock drawdowns, Singh said.
The information is released as Ukraine advances with the initial phases of its counteroffensive in an effort to drive out Russian forces from land they have captured since a large-scale invasion in February 2022. According to Valerii Zaluzhnyi, chief of the Ukrainian armed forces, the counteroffensive has encountered highly mined terrain and strengthened defensive structures.
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