{"id":57935,"date":"2019-02-27T22:30:54","date_gmt":"2019-02-27T22:30:54","guid":{"rendered":"https:\/\/staging.sightlinemg.com\/defensenews\/uncategorized\/2019\/02\/27\/pentagon-requests-voluntary-refund-of-millions-of-dollars-from-contractor-transdigm\/"},"modified":"2026-08-08T00:15:12","modified_gmt":"2026-08-08T00:15:12","slug":"pentagon-requests-voluntary-refund-of-millions-of-dollars-from-contractor-transdigm","status":"publish","type":"post","link":"https:\/\/staging.sightlinemg.com\/defensenews\/industry\/2019\/02\/27\/pentagon-requests-voluntary-refund-of-millions-of-dollars-from-contractor-transdigm\/","title":{"rendered":"Pentagon requests voluntary refund of millions of dollars from contractor TransDigm"},"content":{"rendered":"\n

WASHINGTON \u2014 The U.S. Army and Defense Logistics Agency will both seek reimbursement on millions of dollars from contractor TransDigm, following a report by the Defense Department Office of Inspector General into the company\u2019s contracts with the Pentagon.<\/p>\n\n\n\n

TransDigm, which produces specialized parts for aircraft such as pumps, valves and batteries, earned \u201cexcess profit\u201d for 112 of 113 contracts reviewed by the IG\u2019s office, per a report released Wednesday<\/a>. The IG found the company received $16.1 million in excess profit between January 2015 and January 2017, with a cost that could go up due to the need for spare parts in the future.<\/p>\n\n\n\n

The 112 contracts, signed with the Army or DLA, had profit margins ranging from 17 to a whopping 4,451 percent; the IG\u2019s office considers profit percentages of 15 percent or below to be \u201creasonable.\u201d<\/p>\n\n\n\t