Pentagon cracks down on price gouging, but only by one company




Federal Drive with Tom Temin show

Summary: The Pentagon has fired its first salvo in a crackdown on what it’s officials have called price gouging in the military spare parts market. In a highly unusual move, top procurement officials are targeting one particular company: TransDigm. They’re telling Defense Department contracting officers to demand extra pricing documentation whenever they deal with that company or its subsidiaries. Federal News Network’s Jared Serbu has been following the TransDigm story for the last several months, and he’s here to talk about the latest.