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Boeing charged U.S. military 7943% markup on soap dispensers

Thursday October 31, 2024. 01:10 PM , from BoingBoing
Boeing charged U.S. military 7943% markup on soap dispensers
You're not paying defense contractor Boeing a 7943 percent margin on spare parts. You're paying Boeing for its lifetime of experience charging 7943 percent margin on spare parts! The latest moneyspinner: soap dispensers.

'The Air Force did not always pay reasonable prices… in accordance with the Federal Acquisition Regulation,' the DoD Office of Inspector General claimed in its report on Tuesday.

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The post Boeing charged U.S. military 7943% markup on soap dispensers appeared first on Boing Boing.
https://boingboing.net/2024/10/31/boing-charged-u-s-military-7943-markup-on-soap-dispensers.html

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