US Army to Rebid Halliburton Contracts
Looks like Halliburton's about to lose its sweetheart deal as the US Army looks to rebidthe contracts.
"Pentagon auditors last month "strongly" urged the Army to withhold paying 15 percent of Halliburton's bills in Iraq, saying the company had not provided enough details to support at least $1.82 billion out of $4.3 billion of logistical work."
Insert inappropriate snide political comment here.
posted on Sep 7, 2004 - View this thread

Can it be called war profiteering? The size and scope of the government contracts awarded to Halliburton in connection with the war in Iraq are significantly greater than was previously disclosed and demonstrate the U.S. military's increasing reliance on for-profit corporations to run its logistical operations. Independent experts estimate that as much as one-third of the monthly $3.9 billion cost of keeping U.S. troops in Iraq is going to independent contractors.
posted on Aug 28, 2003 - View this thread

Halliburton out of the running for the $600 billion contract to rebuild Iraqs infrastructure. Andrew Natsios, director of the USAID, which is handing out most of the postwar contracts, is keen to counter any allegations of favoritism or political influence. "If I got a phone call from anybody putting any political pressure on me, I would report it immediately". Halliburton is the company formerly run by Dick Cheney, VP of the United States.
posted on Mar 28, 2003 - View this thread

The President "has more familiarity with troubled energy companies and accounting irregularities than probably any previous chief executive." (NYTimes link, reg req'd) Krugman chimes in on Whitehouse outrage to corporate fraud. (See also, Cheney's investigation regarding Halliburton's accounting while he was it's big cheese)
posted on Jul 2, 2002 - View this thread

One of science fiction's favorite dark futures is pretty well along now. Until he quit to be Vice President in 2000, Dick Cheney ran a company called Halliburton. A Halliburton subsidiary, Kellog Brown and Root, is a private corporation that performs missions for the US military. Their employess are out there, performing missions in places like the Balkans, wearing US Army uniforms and carrying US Army issued guns.
posted on May 6, 2002 - View this thread