Boeing Scams U.S. Army for $13 Million

Monday, August 01, 2011
Eric W. Dolan, Raw Story
Submitted by: Kevin J. Ziruolo

[Raw Story] The American aerospace and defense corporation Boeing overcharged the United States Army by 131.5 percent, according to an unredacted Department of Defense Office of Inspector General audit released by Project on Government Oversight (POGO).

[excerpt] According to the 142-page document, the Army should have only paid $10 million instead of the nearly $23 million it paid for spare parts for Boeing AH-64 Apache and Boeing CH-47 Chinook helicopters.

Boeing has only refunded approximately $1.3 million of the nearly $13 million that the audit calls for and the Army has been hesitant to seek further refunds.

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Posted by Editor on 08/01/11 at 06:02 AM • (0) Comments

Tags: corporations, military, aerospace,