Loading...
Market
U.S. Air Force actions on Boeing overpricing incident by mid-2025?
3
Resolution / Starting Odds
Impose fines • 25%
Terminate contracts • 25%
Implement new procurement guidelines • 25%
No action • 25%
Official announcements from the U.S. Air Force or Department of Defense
Story
Boeing Charged U.S. Air Force 7,943% Markup for C-17 Globemaster Soap Dispensers, 80 Times Higher Than Market Rate
Oct 29, 2024, 03:42 PM
A recent report from the Department of Defense Inspector General has revealed that Boeing charged the U.S. Air Force a staggering 7,943% markup for bathroom soap dispensers used in C-17 Globemaster aircraft. This markup is approximately 80 times higher than the price of commercially available equivalents. The findings emerged following complaints regarding the Air Force being overcharged for these dispensers, prompting an audit that indicated the service was not paying 'fair and reasonable' prices. The investigation highlights concerns over procurement practices within the military, particularly in relation to spare parts and maintenance supplies.
View original story
Similar markets
No action taken • 25%
Fines imposed • 25%
Contract modifications • 25%
Other actions • 25%
Boeing pleads guilty • 33%
Boeing reaches settlement without guilty plea • 33%
Case goes to trial • 33%
Increased transparency • 25%
Price reductions • 25%
No significant change • 25%
Other changes • 25%
Boeing found guilty • 25%
Boeing found not guilty • 25%
Settlement reached • 25%
Case unresolved • 25%
No action taken • 33%
Deferred prosecution deal • 33%
Criminal charges filed • 33%
No penalty • 33%
Penalty under $1 billion • 33%
Penalty over $1 billion • 33%
Plea deal upheld • 25%
Plea deal modified • 25%
Plea deal overturned • 25%
Other outcome • 25%