DoD Inspector General Exposes Pentagon Contractor's 9,400% Profit On Half-Inch Pin  | WHAT REALLY HAPPENED


DoD Inspector General Exposes Pentagon Contractor's 9,400% Profit On Half-Inch Pin 

TransDigm Group Inc. sold the Pentagon "drive pins" for $4,361 each - should only cost $46, a 9,400% gain in excess profits, according to the Inspector General US Department of Defense's audit labeled "For Official Use Only" obtained by Bloomberg.

The inspector general's audit shows 98 of 100 parts inspected were overinflated in value and concluded the Pentagon is paying the Ohio-based defense manufacturing firm $91 million more in the next several years for parts valued at $28 million, with excess profit per part of 95% to the 9,400%.

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