Extra Extra

Boeing Co. charging for new parts while installing used

Bloomberg News has found that "four times in the past five years, the Pentagon’s inspector general has found that Boeing Co. (BA) collected excessive or unjustified payments on U.S. defense contracts."

"In the latest of four audits since 2008, the watchdog office said the Chicago-based company charged the U.S. Army for new helicopter parts while installing used ones, according to a report, labeled “For Official Use Only” and obtained by Bloomberg News."

Log in or register to comment on this story.