US Army to end Halliburton deal

Discussion in 'Current Affairs, News and Analysis' started by ABrighter2006, Jul 13, 2006.

Welcome to the Army Rumour Service, ARRSE

The UK's largest and busiest UNofficial military website.

The heart of the site is the forum area, including:

  1. Dick's obviously not got the influence he used to...

    US Army to end Halliburton deal

    Halliburton ensures US soldiers are fed and sheltered
    Halliburton's lucrative logistics contract with the US Army is to come to an end, the military has said.
    The army said it would seek new bidders for the multi-billion dollar deal to provide support services to US troops around the globe.

    Halliburton, once led by US vice president Dick Cheney, has recently come under fire for landing expensive, non-competitive government contracts.

    Shares in the group fell more than 1% following the announcement.

    Halliburton's KBR unit will be able to submit a bid when the contract is put out to tender later this year, army spokesman Dave Foster said.

    However, he could not say how the new contracts would be set out.

    New strategy?

    Reports have suggested the army may decide to replace its biggest contractor with three firms when the deal ends in September, with a fourth firm signed up to monitor the trio.

    According to a report in the Washington Post, the Pentagon has decided it no longer wants to "place all our eggs in one basket".

    By splitting the contracts and offering them to three other companies, the army believes it will get better value for money, as well improved accountability and transparency.

    Following news that its contract is about to come to an end, KBR said its achievements in the Middle East had been "nothing short of amazing", adding it had prepared almost 375 million meals for troops involved in Iraq, Afghanistan and Kuwait.

    The Pentagon's decision was welcomed by Senator Byron Dorgan of the Democratic Party, who said the move had been a long time coming.

    "I believe literally hundreds of millions and probably billions of dollars have been wasted," he told the Senate.

    "Finally the taxpayers get a break."

    In late afternoon trade in New York, Halliburton's shares stood 83 cents, or 1.10%, lower at $74.75.
  2. Land of the free comes to those with a Platinum Card :eek:
  3. I reckon that there'll be more than a few serving septics pleased with that bit of news...
  4. Anyone care to comment on how many UK tax pounds have found their way into the Haliburton coffers since March 2003?
  5. Some ex Pet Ops are employed by KBR in Iraq now....mmmm maybe the "loads of dosh" they said they were going to be on may not seem so forth coming now! :lol:
  6. Goatman

    Goatman LE Book Reviewer

    ummm.....KBR have the contract to provide Temporary Deployable Accommodation(TDA) for UK Forces. From a recent edition of Pravda:

    They are also key stakeholders in several other MAJOR programmes

    > Future Carrier - oversight contract
    > PJHQ contract for CONDO
    > Project Allenby/Connaught as part of the Aspire Defence Consortium


    Cor...just imagine if it turned out Gordon Brown was a shareholder......
  7. Cheers for this Goatman - given the way HMG works, I'd be amazed if there wasn't at least one or two "UK shareholders"
  8. Goatman

    Goatman LE Book Reviewer

    Halliburton PR release re Allenby/Connaught here

    £8 small change..... :D

    Lee Shaver
  9. Given KBR's record in actual reconstruction in Iraq, I bet the service families of Aldershot, Salisbury Plain can't wait! I look forward to seeing fat yank with clipboard, KBR tie, etc touring the PADS.