The mandate applies to situations where TransDigm or its subsidiaries are the only makers of a particular part, a scenario that applies to the vast majority of the company’s business. The memo, signed on Friday by Kim Herrington, DoD’s acting director for Defense Pricing and Contracting, tells contracting officers they must “require” that TransDigm turn over uncertified cost data to support the prices the company is charging the government. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne. The memo, signed on Friday by Kim Herrington, DoD’s acting.īest listening experience is on Chrome, Firefox or Safari. They issued a new edict that requires DoD contracting officers to gather cost and pricing data when they enter into agreements with TransDigm Group. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne.ĭefense procurement officials have taken a step toward cracking down on what they have called price gouging within the military spare parts market. ![]() ![]() ![]() Best listening experience is on Chrome, Firefox or Safari.
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