Pentagon watchdog: US should insist TransDigm refund $20 million in ‘excess profit’ (Marjorie Censer, Defense News)

December 15, 2021

A new report from the Pentagon’s Office of Inspector General recommends the department seek a refund of at least $20.8 million from TransDigm, a company long under fire for what Defense Department officials say is a pattern of collecting “excess profit.”

TransDigm, which makes spare parts for both commercial and military aircraft, in 2019 refunded $16 million to the Pentagon, though a top executive noted this was not an admission of wrongdoing and was simply “in the best interest of the company.”

Pentagon watchdog: US should insist TransDigm refund $20 million in ‘excess profit’ (defensenews.com)

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Pentagon watchdog: US should insist TransDigm refund $20 million in ‘excess profit’ (Marjorie Censer, Defense News)

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