The Nation - News from Oct. 29, 1986
The Defense Department’s inspector general is investigating the Navy’s handling of two foreign military sales agreements to determine whether the service used for its own benefit refunds due the two countries, a Pentagon spokesman confirmed. At issue is a 1985 deal overseen by the Navy, consolidating requests by Canada and Turkey to purchase 268 MK-46 torpedoes from Honeywell Inc. Internal Navy and Honeywell documents indicate the Navy applied a $14.3-million reduction negotiated in the original contract price to one of its own contracts for similar torpedoes.
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