• Bloomberg


U.S. Air Force inventory systems that tally the location and value of property misidentified the locations of 79 active Minuteman III nuclear-armed missiles — almost a fifth of the fleet — last year, according to an audit commissioned by the Pentagon.

Ernst & Young LLP discovered the discrepancies during the recently completed second round of full financial audits in Pentagon history for the Air Force and other military services, which were released Friday.

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