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DoD OIG: U.S. Air Force Spent Billions on F117 Engine Sustainment Without Knowing What a Fair Price Was 

March 1, 2016

Pursuit's Take

 

Air Force officials awarded the GISP base contract without obtaining sufficient data to determine whether the Air Force purchased the F117 engine sustainment services provided by Pratt & Whitney at fair and reasonable prices. This occurred because the Air Force did not perform key steps needed to implement a successful performance-based logistics (PBL) contract. As a result, the Air Force does not know whether the $XX (Redacted) billion spent on F117 engine sustainment services for the FY 2012 through FY 2014 GISP base contract was a fair and reasonable price.

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