Military contract price gouging: Defense contractors overcharge Pentagon | 60 Minutes

As a former employee at a large Defense contractor, I can firmly say these companies are leeches on the national security of our country. So many of my coworkers added zero value to our contracts, other than keeping seats warm.

This is real journalism, something sorely missed in the modern age.

I worked as a defense contractor for roughly seven years. The amount of waste is incredible. The sad part is that most of these contractors are former military gouging their own. So much for patriotism and supporting our troops.

Im prior Air Force and even as a low level airman I saw the prices we paid for things. Its INSANE what we paid these companies for things.

Price gouging should be considered an act of treason.

They should run this story every month.

give this guy a bronze star medal.. by simply being uncorrupt able is amazing nowadays. He isn't afraid of intimidation, death threats and etc

As someone who oversees military contracts......I live and breath this nightmare daily

My father was both a USAF officer and electrical engineer for defense contractors for decades... this stuff drove him nuts. A project he worked on needed a tape recorder with certain requirements. They were going to spend hundreds of thousands of dollars on designing a custom unit and, because the would need relatively few, the manufacturing was going to be thousands for each. He simply found a quality off-the-shelf unit and proved it met all the required specs. Saved hundreds of thousands on design and hundreds of thousands on manufacturing.

I worked in the defense industry for about 6 or 7 years and I had to get out of it, the whole thing seemed geared towards racking up billable hours to the government, nobody was there to protect the country, and the involvement of the top Military brass was atrocious. Top military officials recieved all kinds of kickbacks, mostly in the form of high level jobs with the military contractors they were supposedly there to oversee. The whole defense industry is a mess.

Wow, absolutely disgraceful! Profit over the security of our country and troops on the battlefield. Great reporting by 60 Minutes as always.

Price gouging by national defense contractors should be seen and treated as a grave threat to national security

The Government needs as a national priority to open up a investigation for price gouging.

As an Air Force veteran that delt with supply and logistics in areas of my 20 year career, these contractors gouge TF out of their parts and supplies. We, the taxpayers, are being sold down the road to improve a defense contractors' bottom line.

You know how many times they said about the price gouging, for decades this has been going on and nothing gets done about it.

This is a total outrage.

This has been going on for years!! Politicians own stock in these companies! Pathetic!

As a former federal employee, this has been a decades old problem. In my opinion, it seems like severe corruption with defense contract awarding. Lemme give ya another example. When I was in the Air Force, my technical orders demanded that I only use a specific permanent marker to write something on the interior of the airframe. The marker cost $1000.

As a US airman currently stationed at a base with F-35s I can truly say contractors are ripping off the DOD. But military member who join the dark side are just smart! We see how unfair the pay is between us and contractors & we deserve better compensation.

we have the exact same issue in the UK MOD. Contractors will work incredibly slowly, overcharging for every single possible item along the way. Even our camp maintenance contractors are appalling, worst experience I had was with Amey where a circuit breaker tripped, the entire building of 60 - 70 residents losing electricity, and it took them 5 days to get a technician out to flip the breaker back. We pay through the nose for everything ,and the worst of it is there is very little sign of change. At least the US DOD has this guy pushing for reform, as far as im aware the UK MOD has no such drive ongoing.