TransDigm Audit, Political Donations
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CEO Kevin SteinCBS News
•US Politics
US Politics
Congress scrutinized this CEO's company 6 years ago. He's now a major political donor.
79% Informative
An audit claimed TransDigm Group Inc. made millions in excess profit from federal defense contracts.
The company later voluntarily repaid the $16.1 million .
A second audit found the company earned $20.8 million on 105 spare parts on 150 contracts.
Since then, the company's CEO Kevin Stein has donated to candidates from both major political parties.
A spokesperson for the Defense Logistics Agency says it has not received a refund from TransDigm for the $20.8M identified in the 2021 report.
The company announced that CEO Stein would retire as CEO at the end of September .
A clear focus of Stein 's political donations in the early part of this year has been House Republicans .
VR Score
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