TransDigm Paying Back Pentagon $16M In Excess Profit

TransDigm Group is paying back the $16.1 million it allegedly earned in “excess profit” selling aftermarket aircraft parts to the Pentagon, the U.S. House Oversight and Government Reform Committee announced May 24. The Democratic-led committee trumpeted the news and showed a copy of a check for $11...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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