News

Pentagon Found to Pay Textron Unit $8,124 for a $445 Gear

Posted on July 9, 2014 by peace

by Tony Capaccio and Jonathan D. Salant, Bloomberg
click here for original article

The Pentagon paid Textron Inc. (TXT)’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general.

The bevel gears that … Read More

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