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Halliburton: Army decision was "neither unusual nor unexpected''

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-12-06 02:23 PM
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Halliburton: Army decision was "neither unusual nor unexpected''

http://www.bloomberg.com/apps/news?pid=20601087&sid=agZUNmTPFyjQ&refer=home

<snip>

The Army decision was ``neither unusual nor unexpected,'' Melissa Norcross, a spokeswoman for KBR, said in a statement. ``We have been open and forthcoming that this work may be modified or replaced at any time.''

Halliburton has received orders valued at $17.1 billion under a contract won in 2001 to provide services to the U.S. Army worldwide, according to the Army Field Support Command. That includes $15.4 billion for Iraq work.

KBR and Rebidding

KBR will be allowed to take part in the re-bidding of the contract, which is unrelated to the company's performance, Foster said. ``We are constantly in the review process of formulating how we can do things better in a more effective way,'' he said.



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