The Defense Department Office of Inspector General found that the Defense Logistics Agency has been paying Textron’s [TXT] Bell Helicopter millions of dollars more than it ought to in a sole-source contract for spare parts and could continue doing so on future orders over the next year. According to a summary of the report, the contracting officer “accepted Bell’s market-based pricing strategy in a noncompetitive environment without performing a sufficient sales analysis. As a result, the contracting officer did not…
Kendall: Bell Helicopter Overcharging DLA for Spares Appears to be Fraud
Defense Daily Staff
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