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House Committee Hears Testimony on Price Gouging in Military Contracts, Part 3

  • Defense.gov
  • Jan. 19, 2022 | 32:11

The House Committee on Oversight and Reform holds a remote hearing to examine the results of an audit by the Department of Defense Office of Inspector General, which found that a defense contractor, TransDigm Group Inc., has received nearly $21 million in excess profits. The hearing will examine the new report as well as potential legislative and administrative reforms to increase transparency and accountability in government contracts.