New bill aims to cut the price of spare parts for DoD
Legislation proposed Wednesday would force government vendors to publicly disclose data about their costs, a move to help the government negotiate better deals for spare parts.
By Joe Gould
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Lawmakers order deeper TransDigm probe by DoD watchdog
It’s not over yet for TransDigm, the defense contractor that repaid the government $16 million in overcharges amid heat from U.S. lawmakers.
By Joe Gould
TransDigm’s excess profits show weakness in supply chain management, not pricing practices
TransDigm’s decision to repay the government for its excess profits appears to be a positive resolution, but it does not address the lack of competition that led to these inflated prices.
By Maj. Gen. Darryl Scott (ret.) and Lt. Col. Sam Kidd
Defense firm’s ‘excess profits’ land in Congress’s crosshairs
The House Oversight and Government Reform Committee is probing excess profits by defense contractor TransDigm.
By Joe Gould