Pentagon Announces New Strategy for Combating Price Gougers: Paying Attention

The U.S. Department of Defense has a big problem with part suppliers who exploit government regulations over time to jack up the prices of products far above what it costs to make them, costing taxpayers millions of dollars more than they should have to pay for them. In particular, the firm TransDigm has been singled out for its business practices in this area.
 
But now, the Pentagon is going to start fighting back by doing something it has rarely done in its history: pay attention to what it is paying for the unique parts and equipment it needs to buy to

Read more at The Independent Institute