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Homeland Security Overpays $108 Million for Boeing 737 Jet

By Drooid · · How we work

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Story summary
  • The U.S. Department of Homeland Security purchased five aircraft from Daedalus Aviation, including a $108 million Boeing 737 jet.
  • The jet featured a stand-up bar, two bedrooms, marble showers and a manta-ray-skin table.
  • Six aviation experts said the prices were millions of dollars above typical market values.
  • Daedalus Aviation bought the same Boeing 737 months earlier for under $90 million.
  • The agency resold two Gulfstream jets to Daedalus for $106 million after paying $83 million.