Word: whitneys
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Dates: during 1980-1989
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...Oklahoma's Tinker Air Force Base, watchdogs programmed their computers to detect increases of 300% or more in the cost of spare parts for aircraft engines charged by the Pratt & Whitney Aircraft Group of United Technologies in fiscal year 1982. The results, said an auditor, were "staggering." Robert S. Hancock, an official of the Air Logistics Center near Oklahoma City, said that in just the one year, Pratt & Whitney's "repricing" policy had cost the Government "something on the order of $140 million." He termed the findings "only the tip of the iceberg" and contended that Pratt & Whitney...
...preliminary Air Force findings included 35 examples of especially astounding price increases. Pratt & Whitney, for example, charged the Air Force $16 for a turbine air seal on engines that power the F-111 fighter in 1981; a year later it priced the same part at $3,033.82-an increase of 1,886% at a time when inflation was running at 8.9%. The firm's explanation: its own clerk had listed the 1981 price too low. A part used in mounting engines in C-141 transports and B-52H bombers rose in price from $77.28 to $1,016.70, an increase...
Officials of Pratt & Whitney, which last year sold nearly $3 billion worth of aircraft engines, spare parts and services to the U.S. military, said they had reviewed the $140 million in total increases and found that $101 million "has been justified." The remaining $39 million, they said, would be "negotiated" with the Government. The company claimed that its spare-parts prices had risen about 20% in each of the past two years, "representative of the aerospace industry." But Hancock disputes this, arguing that the price of Pratt & Whitney spares went well beyond "an average price increase." The Air Force...
...Times was on the spot. Late in February, an article by foreign editor Craig R. Whitney appeared on page 36, admitting the incident. Whitney attempted to explain in a roundabout way why his paper had not reported the story from the start "It is the policy of the Times to report difficulties by its correspondents in the pursuit of stories when the difficulties become news." Apparently then, editors of the Times did not see the kidnapping as news fit to print. Yet previously, two long articles relating problems Times correspondents had encountered while reporting in Israel were published...
...about recent history. Can you even name a bookstore, which carries two books by Vicent Aleixandre '77' In fact. If you knew anything at all about Elias Canetti '81 before last year and your name isn't Susan Sontag. I'll buy you a beer at Whitney. But what the hell, It's a gargeous day and a bunch of pitultury "All Star" strikers just played patty cake to the tune of 23-22. So here I go and send the flowers to the hospital at Mattapan, where I'll be recovering...