On Wednesday, January 19, 2022, the House Oversight Committee held a remote hearing to examine the results of an audit by the Department of Defense Office of Inspector General (DOD OIG), which found that a defense contractor, TransDigm Group Inc., has received nearly $21 million in excess profits on numerous contracts by acquiring companies with sole-source contracts for spare parts needed by the military and then raising prices dramatically.
Rep. Tlaib grilled the executives over their combined $90 million dollar salaries that they continued to take while the company laid off employees and cut salaries during the pandemic.
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