Sen. Elizabeth Warren and Rep. John Garamendi launch plan to stop Defense Contractor price gouging

Posted on AllSides June 10th, 2022
From The Left
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More than three years have passed since a damning Pentagon report brought renewed attention to how defense companies swindle the government. In the intervening time, Congress has done little to close the loopholes that empower them to do so.

In February 2019, the Pentagon’s inspector general revealed that contractor TransDigm Group overcharged the military by at least $16 million — with margins up to 4,451 percent — for various aircraft parts over a two-year period. A second investigation released in December 2021 showed that the same company cheated the government out of another $21 million by...

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