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Exhibit 334

Chairwoman Maloney and Senator Grassley call on TransDigm to repay millions

Exhibit 334 ยท Committee press release

Chairwoman Maloney and Senator Grassley call on TransDigm to repay millions

TransDigm has not repaid DOD a single dollar or indicated that it intends to do so.

Reports that TransDigm repaid the $16.1 million after the 2019 hearing and that DoD stated TransDigm had not repaid the $20.8 million.

Source
House Committee on Oversight and Reform
Date
18 April 2022
Quoted from
Paragraph 1 (quoting DoD)
Grade
Reported
Document
https://oversightdemocrats.house.gov/news/press-releases/chairwoman-maloney-and-senator-grassley-call-on-transdigm-to-repay-millions-it
Accessed
2026-11-09
Cited by
Findings citing this exhibit
Note
A committee press release relaying DoD's statement and the committee's account of TransDigm's repayment.

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.