FUNDING COST OVERRUNS COULD THREATEN FUTURE SECURITY FUNDING -
Airport Security Report:
Future funding for purchases and installation of security equipment
at the nation's airports could be jeopardized by $3 billion in cost
overruns at the Transportation Security Administration (TSA), warned
government and industry officials during a Feb. 5 hearing of the
Senate Aviation Subcommittee.
A number of TSA contracts have escalated wildly out of control and
are now being scrutinized by federal investigators, said Department
of Transportation (DOT) Inspector General Kenneth M. Mead. Deals with
subcontractors in the previous fiscal year were fraught with
overcharging, he added.
Aviation Today (Paid subscription service).
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