A bit of shady dealing going on by Boeing, as reported in several US-media this week. It concerns a 4.4 billion USD contract that was awarded to the company in 2008 for work on CH-47F Chinook helicopters. Boeing charged the US government for new parts while it actually was re-using old parts, the Pentagon’s inspector general found out during an audit.
As a result, the US was overcharged by 16 million USD, which may seem insignificant – althought maybe not in these days – but it is actually the fourth time in five years that Boeing was caught in the act. Boeing however denies any misdoing and says it is acting in complience with government contract policies.
Boeing is the second largest US federal contractor. The actual largest is Lockheed Martin.
© 2013 AIRheads’ editor Elmer van Hest