Watchdog wants DOD to make TransDigm repay more 'excess profit'

By Tony Bertuca / December 13, 2021 at 6:01 PM
The Defense Department inspector general recommends the Pentagon seek at least a $20.8 million refund from TransDigm Inc., stating in a recent report that the company took the money as "excess profit" on 150 contracts. The report -- released today -- is the result of an audit lawmakers requested the IG conduct of TransDigm’s business model, which has come under fire in the past for alleged price gouging. After a 2019 IG audit , TransDigm repaid DOD $16.1 million deemed...

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