Exhibit 331

Statement of Theresa S. Hull, Deputy Inspector General, on the audit of TransDigm (DODIG-2022-043)

Exhibit 331 · Congressional testimony

Statement of Theresa S. Hull, Deputy Inspector General, on the audit of TransDigm (DODIG-2022-043)

we determined that for these 107 spare parts, which cost the DoD $38.3 million, TransDigm earned $20.8 million in excess profit on 105 spare parts.

IG summary of its audit: 107 parts, 153 contracts, $38.3 million cost to DoD, $20.8 million excess profit above a 15 percent benchmark on 105 parts; TransDigm refused cost data on 25 of 27 requests.

Source: DoD Office of Inspector General
Date: 19 January 2022
Quoted from: p. 8
Grade: Reported
Document: https://oversightdemocrats.house.gov/sites/evo-subsites/democrats-oversight.house.gov/files/Hull%20Testimony.pdf
Accessed: 2026-11-09
Cited by: Findings citing this exhibit
Note: Testimony in a House hearing record, not the Inspector General's report.

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.