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

Summary: 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. Learn more about your ad choices. Visit megaphone.fm/adchoices