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Congress

Maloney, Grassley Ask TransDigm To Repay $21 Million To DoD

By Cal Biesecker

Monday, April 18th, 2022

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Maloney, Grassley Ask TransDigm To Repay $21 Million To DoD

Rep. Carolyn Maloney, chairwoman of the House Oversight and Reform Committee.

The chairwoman of the House Oversight Committee and ranking Republican on the Senate Judiciary Committee on Monday sent a letter to defense contractor TransDigm Group [TDG] seeking repayment to the Defense Department for nearly $21 million in excess profits earned on certain contracts. “The excess profits TransDigm received must be returned to taxpayers so these funds can be used to ensure our military has needed supplies, such as military equipment that DoD is transferring to the Ukrainian military to help…

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