You're not paying defense contractor Boeing a 7943 percent margin on spare parts. You're paying Boeing for its lifetime of experience charging 7943 percent margin on spare parts! The latest moneyspinner: soap dispensers.
"The Air Force did not always pay reasonable prices… in accordance with the Federal Acquisition Regulation," the DoD Office of Inspector General claimed in its report on Tuesday.
— Read the rest
The post Boeing charged U.S. military 7943% markup on soap dispensers appeared first on Boing Boing.