Carey Industries, Inc. v. United States

This action was brought by the plaintiff, Carey Industries, Inc., pursuant to section 108 of the Renegotiation Act of 1951, as amended (50 U.S.C. app. § 1218 (Supp. V 1975)). On August 31, 1973, the Renegotiation Board determined under that Act that the plaintiffs profit from defense contracts and subcontracts during the review year (December 1, 1968, through May 31, 1969) was excessive to the extent of $250,000. Unfortunately, we do not have the reasons for that order, as they would be useful even though not binding here. As we stated in Tool Products Co. v. United States, 218 Ct.Cl. 486,…