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Company awarded next major contract for C-17 spare parts by mid-2025?
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Boeing • 25%
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Raytheon Technologies • 25%
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Department of Defense contract announcements or major news outlets
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Boeing Charged US Air Force Nearly 8,000% Markup for $150,000 Soap Dispensers: Pentagon Watchdog
Oct 29, 2024, 06:14 PM
A new Department of Defense Inspector General report has revealed that Boeing charged the US Air Force a nearly 8,000% markup for bathroom soap dispensers for C-17 aircraft. The report found that the Air Force paid $150,000 for the dispensers, which is 80 times more than the cost of commercially available equivalents. The overcharging prompted a Defense Department audit, which concluded that the prices paid were not 'fair and reasonable.' The findings have led to a probe into the pricing of spare parts for military equipment.
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