Contractors possess a lot of Defense Department property, but no one knows how much

For various reasons, defense contractors have quite a bit of Defense Department property in their possession. But DOD can only guesstimate how much it’s all worth. That figure isn’t small. Like, $220 billion worth. The Government Accountability Office finds, Defense officials don’t have a good plan for figuring it out. For more, the Federal Drive turned to the director of GAO’s financial management and assurance team, Kristen Kociolek.