Pentagon paid $8,124 for a $445 Textron gear, U.S. report says

ACCORDING TO A GOVERNMENT report, the Defense Department paid Textron Inc. subsidiary Bell Helicopter more than $8,000 for gears that should have cost less than $500. A spokesman for Bell said the company
ACCORDING TO A GOVERNMENT report, the Defense Department paid Textron Inc. subsidiary Bell Helicopter more than $8,000 for gears that should have cost less than $500. A spokesman for Bell said the company "does not agree with the findings" of the report. / COURTESY TEXTRON INC.
WASHINGTON – The Pentagon paid Textron Inc.’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general. The bevel gears that were marked up 18-fold were part of $9 million in excess payments by taxpayers cited by the watchdog office. This is the…

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