Ponce
27th July 2011, 10:36 PM
Go to link for full, and long, report that shows the parts and prices........at one time I was working for this company that was charging $276.32 for a litte washer that you could buy at the hardware store for 0.05 cents.....washer was a regular steel washer......the Jewish owner told me that it was because of the "paper work" hahahahahaaha.
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Leaked Audit: Boeing Overcharged Army Up to 177,000 Percent on Helicopter Spare Parts.
June 28, 2011
A Boeing AH-64 Apache Helicopter and a Boeing CH-47 Chinook Helicopter. Credit: Petty Officer 3rd Class Shawn Hussong, U.S. Navy.
$644.75 for a small gear smaller than a dime that sells for $12.51: more than a 5,100 percent increase in price. $1,678.61 for another tiny part, also smaller than a dime, that could have been bought within DoD for $7.71: a 21,000 percent increase. $71.01 for a straight, thin metal pin that DoD had on hand, unused by the tens of thousands, for 4 cents: an increase of over 177,000 percent.
Taxpayers were massively overcharged in dozens of transactions between the Army and Boeing for helicopter spare parts, according to a full, unredacted Department of Defense Office of Inspector General (DoD OIG) audit that POGO is making public for the first time. The overcharges range from 33.3 percent to 177,475 percent for mundane parts, resulting in millions of dollars in overspending.
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Leaked Audit: Boeing Overcharged Army Up to 177,000 Percent on Helicopter Spare Parts.
June 28, 2011
A Boeing AH-64 Apache Helicopter and a Boeing CH-47 Chinook Helicopter. Credit: Petty Officer 3rd Class Shawn Hussong, U.S. Navy.
$644.75 for a small gear smaller than a dime that sells for $12.51: more than a 5,100 percent increase in price. $1,678.61 for another tiny part, also smaller than a dime, that could have been bought within DoD for $7.71: a 21,000 percent increase. $71.01 for a straight, thin metal pin that DoD had on hand, unused by the tens of thousands, for 4 cents: an increase of over 177,000 percent.
Taxpayers were massively overcharged in dozens of transactions between the Army and Boeing for helicopter spare parts, according to a full, unredacted Department of Defense Office of Inspector General (DoD OIG) audit that POGO is making public for the first time. The overcharges range from 33.3 percent to 177,475 percent for mundane parts, resulting in millions of dollars in overspending.