Truman Committee

Curtiss-Wright Exposed for Supplying Defective Aircraft Engines to Military

1943-07-01 00:00:00 +0000 UTC | Importance: 8/10

The Truman Committee reveals that Curtiss-Wright’s Lockland, Ohio plant supplied defective aircraft engines to the Army Air Force through falsified tests, forged inspection reports, and collusion with military inspectors. Despite holding more defense contracts than any company except General …

Curtiss-Wright Corporation Truman Committee Harry S. Truman Army Air Force war-profiteering defense-industry corporate-impunity congressional-oversight inspector-general-failure

Anaconda Wire and Cable Indicted for $6 Million Fraud Selling Defective Equipment

1942-12-21 00:00:00 +0000 UTC | Importance: 7/10

The Justice Department indicts Anaconda Wire and Cable Company and five employees for conspiracy to defraud the United States by supplying defective wire and cable for combat use. Lend-Lease shipments to the Soviet Union were 50% defective, prompting an official Soviet protest. Despite pleading …

Anaconda Wire and Cable Company Department of Justice Truman Committee Francis Biddle war-profiteering defense-industry corporate-impunity institutional-capture

Renegotiation Act Enables Limited War Profit Recovery After Corporate Resistance

1942-04-28 00:00:00 +0000 UTC | Importance: 7/10

Congress passes the Renegotiation Act on April 28, 1942, establishing a process to recapture “excessive profits” from war contractors. While presented as a check on war profiteering, the act’s weak enforcement mechanisms and industry-friendly implementation allow most excessive …

Congress War Department Navy Department Defense contractors Truman Committee war-profiteering corporate-influence defense-industry tax-policy regulatory-capture