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Pentagon Denies Large Industry Overcharges In Defense Deals
Federal watchdogs debate defense profits as the Pentagon cites Renegotiation Board data while GAO audits show variances. Profits on defense sales and net worth are scrutinized, with calls for uniform accounting and broader renegotiation powers amid exemptions.
MENTIONED IN THIS ARTICLE
Jean Neller
Donald M. Rothberg
Washington
Defense Department
Clark Clifford
House
Senate Armed Services and Appropriations Committees
Renegotiation Board
Ment
Lawrence E. Hartwig
Clifford
Logistists Management Institute
General Accounting Office
GAO
Company A
Company B
Company C
Company D
Pentagon
Department
Logistics Management Institute
Rand Corp
Santa Monica
Calif
Murray L. Weidenbaum
Department of Economics
Washington University
St. Louis
Boeing Co
House Banking and Currency Committee
Adm
Hyman G. Rickover
Navy
Rickover
William Proxmire
Hartwig
Tout Hartwig
Joint Committee On Internal Revenue Taxation