05/21/2023: Defense Spending, Cyber Con Artists, Jeff Koons
60 Minutes
00:00
The Most Hated Man in the Pentagon
Pentagon analysts found total profits approached 40%. Based on what they actually made, we would have received an entire year's worth of missiles for free. The Pentagon negotiated a new contract with the company, saving $550 million. Army negotiators also caught Raytheon making unacceptable profits from the Patriot system.
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