General Dynamics and TRW
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Description: Senate investigations called it a "Multi-billion dollar boondoggle." Lengthy U.S. Senate transcript shows a few details of defense industry unethical profits.
A BILLION DOLLAR BOONDOGGLE By John Riley John Riley is with the Project on Military Procurement Rep. Dingell: I have been looking here at the vouchers, and the vouchers on this are signed, Mr. MacDonald, by you, I observe, rather approved by you here at the bottom and the first one is Fursten boarding at Silver Maple Farm $87.25, and there's a proper receipt. It says "receipt received from Silver Maple Farm, $87.25." Then I further come down and I see here, as I go through these vouchers, it says here, at a later one it says Silver Maple Farm, boarding for Fursten, $42. Then another one says dog boarding, $26.25. Is Fursten a dog? Mr. MacDonald: I don't know what document you have, Mr. Chairman. May I see it, and I can answer it maybe. Mr. Dingell: Are the taxpayers paying for dog boarding? Mr. MacDonald: I wouldn't think so. -Rep. John Dingell, D-Mich., questioning a General Dynamics employee at a hearing before the Subcommittee on Oversight and Investigations, House Energy and Commerce Committee, Feb. 28, 1985. WITH THESE OUTRAGEOUS and absurd revelations of the conduct of the nation's largest defense contractor, the issue of military procurement reached its zenith as a news item. In the span of a year, General Dynamics, the nation's largest defense contractor, would be twice suspended and reinstated, executives would be indicted and replaced, and billions in defense dollars would be sent into limbo. Inside the Washington, D.C. beltway, Fursten became a household name. Across the country, headlines announced the latest details of General Dynamics' management atrocities and editorials called for fundamental Pentagon reform. Three years, many scandals, and a Presidential Commission later, the government is still without an effective buyer-seller relationship with its defense contractors. The government remains dependent on a set of administrative sanctions that leave it little hope of forcing real reform. Of these sanctions, suspension and debarment are among the most seri
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| Page title: | A BILLION DOLLAR BOONDOGGLE |
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| IP-address: | 98.129.229.192 |
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| Date | Creation Date: 1999-12-14T15:24:42Z Expiry Date: 2014-12-14T15:24:42Z |