Rarely do a socialist democrat and a Tea Party Republican agree on much in Washington these days, except for this: Defense contractors that make more than 15% from the government make too much profit. And they had better turn over their price and cost data to federal officials when asked, whether the law requires it or not. That extraordinary bipartisan agreement is one conclusion from a May 15 congressional hearing that saw TransDigm Group’s top two executives grilled over profit ...


"TransDigm Hearing Could Spur Wider Government Clawbacks" is part of Aviation Week & Space Technology’s subscription package. 

Subscribe now to read this full article. And by subscribing, you'll also receive full coverage of what's next in technology from the experts trusted by the global aerospace & defense community. 


Already registered? here.