DOD IG finds TransDigm earned $16 million in excess profit on $26 million in sales of 46 parts

By Marjorie Censer / February 27, 2019 at 3:43 PM
The Pentagon inspector general, in a new report, finds that TransDigm earned $16.1 million in excess profit for 46 parts sold to the Defense Logistics Agency and the Army for $26.2 million between 2015 and 2017. The audit, the report states , was conducted in response to three letters from members of Congress. The IG report was first reported by Bloomberg . In 2017, Rep. Ro Khanna (D-CA) sent a letter to the Pentagon inspector general asking for an investigation...

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