This podcast episode discusses the challenges of auditing the Department of Defense, the importance of culture change within the U.S. Marine Corps, the need for stockpiling and producing munitions, the impact of governing by continuing resolution on the Navy, and the evolution of the Navy's structure and framework.
The Department of Defense consistently fails its audits, highlighting the importance of accountability and audibility in managing defense finances.
Increasing industrial capacity and ramping up munitions production are crucial for meeting national defense goals in the Navy.
Deep dives
The Role of the Navy's Comptroller
The podcast episode features a conversation with Russell Rumbaugh, the Assistant Secretary of the Navy and the Navy's comptroller. Rumbaugh discusses his extensive experience in defense budgets and the importance of understanding the financial aspects of the Navy. He explains that his role involves the building and execution of the budget, overseeing operations such as audits and payroll, as well as managing the systems that support these functions.
The Challenge of Auditing the Department of Defense
The podcast delves into the challenge of auditing the Department of Defense, noting that it has consistently failed audits. Rumbaugh acknowledges the auditing process and highlights the progress being made to improve processes and achieve audibility. He mentions the hope that the US Marine Corps will be the first military service to pass the audit, while acknowledging that the Navy has not yet reached that milestone. The discussion highlights the importance of accountability and audibility in managing defense finances.
Shipbuilding, Munitions, and Workforce Concerns
The podcast addresses several key issues related to the Navy's budget and industrial base. It mentions the comprehensive shipbuilding review and the need to increase industrial capacity to meet national defense goals. The conversation also touches on the importance of ramping up munitions production and the challenges faced in maintaining a deep magazine of weapons. Additionally, the podcast discusses the need for recruiting and retaining sailors in the Navy, along with efforts to improve the quality of service and address workforce shortages. Finally, it highlights the impact of budget delays and the consequences of continued resolutions on Navy operations and readiness.
What is the value of a U.S. aircraft carrier? How are the Department of Defense and the U.S. Navy held to financial account? And why does the Department of Defense keep failing its audit? Ryan sat down with Russell Rumbaugh, Assistant Secretary of the Navy (Financial Management & Comptroller), to discuss the budget, its relationship with the comprehensive ship building review, the ongoing challenges with building more ships and submarines, and the need to ramp up munition production.
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