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Halliburton Work in Iraq Tops More Than $10 Billion [View All]

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maddezmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-04 07:21 PM
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Halliburton Work in Iraq Tops More Than $10 Billion
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WASHINGTON (Reuters) - Halliburton, the Texas company once run by Vice President Dick Cheney (news - web sites), has been given more than $10 billion worth of business in Iraq (news - web sites) so far despite critical audits and investigations into its work.



According to figures released by the U.S. Army on Thursday, Halliburton unit Kellogg Brown and Root, the U.S. military's biggest contractor in Iraq, has work orders totaling $8.3 billion under a logistics contract to support U.S. troops.


Separately, KBR was given about $2.5 billion in work via a no-bid, March 2003 deal with the Army Corps of Engineers to rebuild Iraq's oil industry, the Corps said.


~snip~

"The mounting value of the contracts has been accompanied by a growing list of concerns about Halliburton's performance," said Democratic Rep. Henry Waxman (news, bio, voting record), pointing to critical audits by the Pentagon (news - web sites) of the company's work in Iraq.

more: http://news.yahoo.com/news?tmpl=story&u=/nm/20041209/ts_nm/iraq_halliburton_dc_2
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