The purpose of this memorandum is to inform you of our planned oversight that will begin immediately. The Under Secretary of Defense (Comptroller)/Chief Financial Officer, DoD, requested the audit of the Defense Logistics Agency (DLA) National Defense Stockpile Transaction Fund Financial Statements. We contracted with the independent public accounting firm of Ernst & Young, LLP (EY) to audit the DLA National Defense Stockpile Transaction Fund Financial Statements as of and for the fiscal year ending September 30, 2026. The objective of EY’s audit is to determine whether the FY 2026 DLA National Defense Stockpile Transaction Fund Financial Statements and related notes are presented fairly and in conformity with accounting principles generally accepted in the United States of America. The objective of our project is to provide contract oversight of EY’s audit and determine whether EY complied with the contract and generally accepted government auditing standards.