Halliburton wins contract in Europe

[lovuian]

http://feeds.bignewsnetwork.com/redir.php?jid=395902dd08844bc2&cat=c08dd24cec417021

Military deal could be worth more than $1 billionThe Associated Press
Updated: 4:57 p.m. ET June 22, 2005HOUSTON - Halliburton Co. won a contract potentially worth more than $1 billion to support U.S. troops in the Balkans and other areas in Europe.

advertisement

The U.S. Army Corps of Engineers contract was awarded to Halliburton subsidiary KBR despite ongoing allegations of overbilling by the unit, the largest U.S. contractor in Iraq. Halliburton has consistently denied wrongdoing.

Halliburton is guaranteed a minimum of $5 million for the first year and an additional $1 million for each of the four optional years under the contract, which replaces the Balkans Support Contract awarded to Halliburton in May 1999, the Army Corps said in a release. The U.S. may spend up to $1.25 billion for the company's services in the five-year period.

The Army Corps said it expects the cost of support services for troops in the Balkans to be $68 million in the first year, and $234 million over the five-year life of the contract, and does not yet know the cost of support for regions outside the Balkans.

KBR's tasks in Europe will include vehicle and equipment maintenance, water production, food and laundry services, firefighting and building housing for troops on peacekeeping operations in the Balkans.

"This decision is an endorsement of the best-in-class support that KBR provides to the U.S. military worldwide," said Andy Lane, Halliburton executive vice president and chief operating officer, according to the Army Corps release. A telephone call to the company for comment was not immediately returned.

more...

They just keep getting Billions and Billions!!!

[RUMMYisFROSTED]

1. Woohoo!

:woohoo: :woohoo: :woohoo:
:woohoo: :woohoo: :woohoo:

[leesa]

2. They are stealing every penny in the treasury and we are just letting them

[RUMMYisFROSTED]

3. Also, it's ironic that they own the

copper mines that produce those pennies.






Edit: -s.

[moondust]

4. "Wins"?

Exactly what did they do to "win" this? Make a call to the White House on their hot line?

[saigon68]

5. I love how the DINO Senators are exposing theis FRAUD

NOT

ONE has to believe they are also somehow on the take.

[Moderator]

6. Duplicate

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=1569409