Army Awards Three $5 Billion Contracts (KBR)

[Hissyspit]

Source: Associated Press

Army Awards Three $5B Contracts
By DONNA BORAK 06.27.07, 6:49 PM ET

Three defense companies on Wednesday were each awarded $5 billion contracts from the Army to provide food and shelter to U.S. troops in Iraq, Afghanistan and Kuwait. Falls Church, Va.-based DynCorp International (nyse: NCP - news - people ) Inc., Houston-based KBR (nyse: KBR - news - people ) Inc., and Irving, Texas-based Fluor Corp. (nyse: FLR - news - people ) were selected by the Pentagon to provide a range of logistics and support services for one year to U.S. and allied forces during combat and peacekeeping operations.

- snip -

KBR has been the prime contractor on the deal since December 2001. The company was formerly a division of Halliburton Co. (nyse: HAL - news - people ), which was once headed by Vice President Dick Cheney.

Some members of Congress have repeatedly alleged that the Houston-based company has abused the terms of its service contract and defrauded the government. The allegations against KBR include billing the government for millions of undelivered meals, overstating labor costs and using government funds to buy unneeded vehicles. KBR has said it routinely provides information requested by the federal government.

- snip -

The Army said the selection of multiple contractors was intended to increase competition and improve oversight and accountability on the contract. Assistant Secretary of the Army Claude Bolton testified on April 19 before the Senate Armed Services committee that the volatile nature of the war in Iraq and unanticipated need for additional resources prevented the Army from launching a new competition until now. The Army requested bids for the third phase of the contract on August 2006.


Read more: http://www.forbes.com/feeds/ap/2007/06/27/ap3864631.html

[GreenTea]

1. Halliburton is not an American Co. any longer (now a multi-national out of Dubai) but their

subsidiary, Kellogg Brown & Root is...Pretty slick!

KB&R: Tax cuts, tax breaks, subsidies, write offs, cheap foreign workers & the usual corporate cutting of corners should raise Cheney's Halliburton stock to even higher levels!

And you can count on the same with the other two and the rest of the corporations.

War for profit!

[kbqr]

2. "intended to increase competition"

I'm sure there is loads of real competition between ncp, kbr and flr . . . what is it that Adam Smith said, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

[Divine Discontent]

3. well if this doesn't make ya SICK

15 billion dollars for one year of logistical service/shelter and food???

I am so put out by this farce of a govt... they stole the election and we collectively caved as a nation, while the white supremacy court(that black guy on there isn't black, he's alien) gave shrub the election... we all sat stunned thinking they'd do something. I always said, "why doesn't Clinton stop this while he has some power, bush is going to destroy democracy"

so basically Democracy went out the window for...

democraZy!

www.cafepress.com/warisprofitable <<<---- top '08 candidate items and anit-bush statements!

[Solly Mack]

4. SSDD

and later government will be "shocked" by the corruption

[Hubert Flottz]

5. Let the surge begin...

Where there's smoke there's work...

[ShortnFiery]

6. Why not? They (Army, et.al., govt) never forget who they are working for.

:wow: Kiss your American tax dollars goodbye for GOD'S favorite KILLING MACHINE and the multi-national corporations for which they stand! :patriot: :nuke:

[saigon68]

7. Led by Gangster Cheney and the Nit wit Chimpanzee

[Doctor_J]

8. Somewhere, Mussolini is smiling

and all the Italians that he ruled are wondering how the hell we let this happen.