Halliburton Milks British Nuclear Submarines for Millions

[donsu]

http://www.corpwatch.org/issues/PID.jsp?articleid=7729

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In 1997 Tony Blair's Labour government sold the docks to Devonport Management Ltd. (DML) -- a consortium led by Brown and Root, a division of Halliburton, the Texas-based energy services, engineering and construction multinational -- and contracted the new owners to refuel and refit the nuclear engines, which involves stripping and replacing their radioactive parts once a decade.

Halliburton chief executive officer Dick Cheney took a tour of the dockyards in April 2000, following which he met up with Labour ministers and military officials at a conference on military privatisation in Oxford.

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Meanwhile Halliburton has allegedly been milking their British colleagues for as much money as they can get. The National Audit Office (NAO) was called in to investigate when Devonport project costs budgeted at $904 million in 1997 increased by over 50% by 2002.

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Halliburton is also leading the consortia which are the government's "preferred bidder" for two major barrack contracts: "Project Aquatrine", a $1.5 billion scheme to look after the army's sewage for 25 years, and a $5 billion scheme to rebuild and run British barracks for 30 years.
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suck up the money and run