DefenseNews

US Army expects positive progress report toward clean audit in FY23

WASHINGTON — The U.S. Army is expecting a positive progress report toward achieving a clean audit for fiscal 2023, the service’s comptroller told Defense News in an interview ahead of the Association of the U.S. Army’s annual conference. While the final reports won’t be released until November, “we are really hopeful that this will be the first year for the Army that we will actually be…
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CryptoNews

Tensions in Israel Reverberate Globally — US Equities, Cryptos Falter Amid Mideast Conflict; Oil and Metals Capitalize – Market Updates Bitcoin News

Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar on the same day. Meanwhile, the onset of the Middle Eastern conflict spurred a surge in precious metals and crude oil prices. Mideast Crisis Sends U.S.
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DefenseNews

US Army moves to pre-position materials in Pacific

WASHINGTON — The Army is hoping progress made at Talisman Sabre, the joint U.S.-Australian exercise this summer, could open doors for it to position more equipment in the Indo-Pacific region. The service sees expanding its pre-positioned equipment in the area as part of its contribution to deterring China. And the Army made headway this summer when it was permitted to permanently keep three…
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DefenseNews

US Army heads to Capitol Hill to make case for force structure

WASHINGTON — U.S. Army leaders will head to Capitol Hill after this week’s Association of the U.S. Army conference to share its planned force structure changes, meant to ready the service to fight high-end adversaries, according to Army Secretary Christine Wormuth. “We need to align structure with end strength over the next several years to ensure we can field the right formations and ensure…
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