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Exhibit 332

DOD Inspector General Report on Excess Profits by TransDigm Group, Inc. (Hearing, Serial No. 116-22)

Exhibit 332 ยท Hearing record

DOD Inspector General Report on Excess Profits by TransDigm Group, Inc. (Hearing, Serial No. 116-22)

In total, we determined that for these 46 parts, which cost the DOD $26.2 million, TransDigm earned $16.1 million in excess profit.

Testimony of the DoD IG on DODIG-2019-060 ($16.1 million excess profit on 46 of 47 parts) and of TransDigm's CEO and chairman.

Source
House Committee on Oversight and Reform
Date
15 May 2019
Quoted from
Statement of Theresa S. Hull
Grade
Reported
Document
https://www.govinfo.gov/content/pkg/CHRG-116hhrg36511/html/CHRG-116hhrg36511.htm
Accessed
2026-11-09
Cited by
Findings citing this exhibit
Note
Testimony in a House hearing record, not the Inspector General's report. The record also carries TransDigm's testimony.

Cited by

Finding DEF-1.5
Reported The DoD Inspector General testified to the House Oversight Committee that its audits found TransDigm earned $16.1 million in excess profit on 46 spare parts in a 2019 report and $20.8 million on 105 of 107 spare parts in a second audit report (DODIG-2022-043), and that TransDigm refused to share cost data on 25 of 27 contracts in the second audit.