Wyden, Colleagues Send Bipartisan Letter to Secretary of Defense Urging Investigation of Price Gouging by Defense Contractors
May 31, 2023
May 31, 2023
WASHINGTON, May 31 -- Sen. Ron Wyden, D-Oregon, issued the following news release on May 30, 2023, and letter:
U.S. Senator Ron Wyden said today that he and Senate colleagues from both parties have sent a letter urging the Secretary of Defense to conduct a thorough investigation after repeated instances of defense contractors overcharging the Department of Defense to secure excess profits of 40 to 50 percent, costing the U.S. taxpayers hundreds of millions of dollars.
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U.S. Senator Ron Wyden said today that he and Senate colleagues from both parties have sent a letter urging the Secretary of Defense to conduct a thorough investigation after repeated instances of defense contractors overcharging the Department of Defense to secure excess profits of 40 to 50 percent, costing the U.S. taxpayers hundreds of millions of dollars.
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