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 »
Posted by Jon Mitchell
The report also found that the Army could fulfill more than $200 million worth of current and future Boeing orders with its own inventory, but that there are no Pentagon policies compelling the use of inventory rather than making outside purchases. —- The report also indicates that Boeing frequently negotiated lower prices from its suppliers shortly after signing contracts with the Army, but failed to pass on any of those savings to the Army. —- the firm-fixed-price contracts it entered into with Boeing did not require an adjustment of prices when Boeing was able to negotiate significantly lower prices with its suppliers.
Another case of a contractor ripping off the military and therefore the country.