Army negotiators caught Raytheon, a major defense contractor, making “unacceptable profits” by dramatically exaggerating the cost and hours it took to build radar and ground equipment. https://t.co/eIi0rkmif3pic.twitter.com/Z3PG3qUmtI
Defense contractor Raytheon has been price gouging American taxpayers on the cost of radar and ground equipment meant to defend the U.S., according to Army investigators, reported “60 Minutes” on May 21.