by Ben Wieder
| Jun. 30, 2011
Boeing Co. overcharged the U.S. Army by about $13 million for Apache and Chinook helicopter parts, according to a Pentagon inspector general report obtained by the Project on Government Oversight.
Full Story »
Another story about over-the-top fraud by another over-the-top fraudulent government supplier. This is going end up being the SOP BS PR manoeuver: first, the usual dustup; followed by a government official assuaging our concerns; and ending with Boeing hiring government official at big money. Want to bet Boeing would scream “Buy American!” if government started buying AirBus?
Boeing charged $1,626.49 for a roller part available from inventory for $7.71? Before getting to P.O.’d, just remember. Inventory doesn’t have those high priced lobbyists on its payroll as does Boeing.
After 40 years working for The Boeing Company, this story does not necessarily surprise me, but this short report is a bit lacking in details. I suspect the Army people doing oversight are underfunded for doing a good job for taxpayers, which helps channel funds to the corporate political donors.
All the employees are required to take frequent ethics refresher courses; how could this happen? ;-)