Sep 4, 2006
Boeing’s new one billion dollar contract from Homeland Security is a magnet for “fraud, mismanagement and abuse” – according to a congressional study.
The first contract Boeing got in 2002 was worth more than half a billion dollars. On that one, Boeing outsourced the work and revised the contract 54 times. The majority of the machines Boeing installed to screen luggage in airports through the U.S. don’t work. It could cost five billion more to replace these machines.
Boeing was not the only company mentioned by the congressional study. Thirty-two other contracts with Homeland Security, worth 34 billion dollars, were “plagued by waste, abuse or mismanagement.”
In other words, lots of corporations are ripping off the taxpayer ... under the guise of “national security.”