Halliburton Could Get $1.5 Bln More Iraq Work-Army
Fri Feb 25, 2005 05:07 PM ET
WASHINGTON (Reuters) - Halliburton Co., under scrutiny for its contracts in Iraq, would receive an extra $1.5 billion as part of the Bush administration's additional war spending proposal for fiscal 2005, a senior U.S. Army budget official said on Friday.
Halliburton, once led by Vice President Dick Cheney, is the largest corporate contractor in Iraq and has drawn fire for its no-bid contracts there, with auditors charging its Kellogg Brown and Root (KBR) unit overcharged for some work.
The Army's portion of a $81.9 billion supplemental spending package earmarked the extra funding for KBR under its LOGCAP (Logistics Civil Augmentation Program) contract to provide a wide range of services to U.S. troops in Iraq, the official said. The contract covers food and laundry services, trash collection, mail delivery and other support services. [...]