How Sole Sources of Military Spare Parts Squander Defense Dollars, Risk National Security
Having a government monopoly of military spare parts can be profitable.
(From The Daily Signal)
How would you react to a store selling a gallon of milk for $180, a price about 45 times the average cost?
The House Oversight and Reform Committee confronted this question recently at a hearing on TransDigm, a company that left the Defense Department with the dilemma of choosing between wasting taxpayer resources or failing to meet capability standards.