Coverage dated October 28, 2024 to October 31, 2024
Pentagon audit: Boeing marked up soap dispensers 8,000% for C-17 spare parts
Headline from KGW Portland
Since 2011, the U.S. government has awarded Boeing more than $30 billion in contracts to purchase needed spare parts for the C-17 and be reimbursed by the Air Force.
KGW Portland's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Boeing overcharged the US Air Force for spare parts for C-17 transport planes, including marking up the price on soap dispensers by 7,943%, according to a report by a Pentagon watchdog.
The U.S. Department of Defense Inspector General recently released an audit highlighting excessive pricing by Boeing on spare parts for the C-17 Globemaster III. The report revealed an 8,000% markup on items like lavatory soap dispensers, costing the Air Force $149,072.
Boeing overcharged the Air Force for simple spare parts on C-17 aircrafts by $1 million from a period of 2018 to 2022, according to Pentagon Inspector General Robert Storch.
WASHINGTON (AP) — Boeing overcharged the Air Force nearly $1 million for spare parts on C-17 cargo planes, including an 8,000% markup for simple lavatory
Since 2011, the U.S. government has awarded Boeing more than $30 billion in contracts to purchase needed spare parts for the C-17 and be reimbursed by the Air Force.
In all, the service accepted a 7,943% markup, or more than 80 times the commercially available cost, on the soap dispensers for its C-17 Globemaster II aircraft, resulting in the hefty overpayment.
Boeing overcharged the Air Force nearly $1 million for spare parts on C-17 cargo planes, including an 8,000% markup for simple lavatory soap dispensers, according to the Pentagon's inspector general.
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Pentagon audit: Boeing marked up soap dispensers 8,000% for C-17 spare parts | Since Then
