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News Articles : Displaying 6-25 of 173


US: Obama's Budget Calls for Billions in New Spending for Drones
by Jason LeopoldTruthout
February 2nd, 2010
Shares of major US defense contractors including Boeing, General Dynamics, and Northrop Grumman rose upon the unveiling of President Barack Obama's fiscal year 2011 spending plan for the Pentagon, part of the president's overall $3.8 trillion budget proposal. More than $2 billion will be used to purchase unmanned aerial vehicles, or drones, blamed for a significant rise in civilian casualties in the "war on terror."

US/KUWAIT: Settlement possible in military contractor fraud case
by Bill RankinAtlanta Journal-Constitution
January 29th, 2010
Kuwaiti firm Agility (formerly Public Warehousing) indicted here for overcharging the Army on an $8.5 billion contract is negotiating a possible settlement with the Justice Department. On Nov. 9, a federal grand jury in Atlanta indicted the firm on charges it gouged the U.S. government by overcharging on its contract to supply food to American troops in Iraq.

US/IRAQ: U.S. Companies Join Race on Iraqi Oil Bonanza
by TIMOTHY WILLIAMSNew York Times
January 13th, 2010
American companies have been arriving in Iraq to pursue an expected multibillion-dollar bonanza of projects to revive the country’s petroleum industry. But there are questions about the Iraqi government’s capacity to police the companies. “These are for-profit concerns and they are trying to make as much money as they can,” said Pratap Chatterjee of CorpWatch.

US: Judge dismisses all charges in Blackwater shooting
by Associated PressLos Angeles Times
December 31st, 2009
A federal judge has dismissed all charges against five Blackwater Worldwide security guards charged in a deadly Baghdad shooting.

AFGHANISTAN: Lost in Limbo: Injured Afghan Translators Struggle to Survive
by Pratap ChatterjeeProPublica
December 17th, 2009
Local translators are hidden casualties of the wars in Iraq and Afghanistan. The U.S. military uses defense contractors to hire local residents to serve as translators for the troops. These local translators often live, sleep and eat with soldiers. And yet when they are wounded, they are often ignored by the U.S. system designed to provide them medical care and disability benefits, according to an investigation by the Los Angeles Times and ProPublica.

JORDAN: For AIG’s Man in Jordan, War Becomes a Business Opportunity
by T. Christian MillerProPublica
December 17th, 2009
For Emad Hatabah, the war in Iraq became a business opportunity. As AIG's chief representative in Jordan, he was responsible for coordinating the care for hundreds of Iraqis who had been injured while working under contract for U.S. troops. He fulfilled his functions by sending business to himself, his friends and business associates, according to interviews and records.

US: DynCorp Fires Executive Counsel
by August ColeWall Street Journal
November 28th, 2009
DynCorp International Inc. said it has terminated one of its top lawyers, a move that comes on the heels of the government contractor's disclosure that some of its subcontractors may have broken U.S. law in trying to speed up getting licenses and visas overseas.

AFGHANISTAN: Paying Off the Warlords, Anatomy of an Afghan Culture of Corruption
by Pratap ChatterjeeTomDispatch.com
November 17th, 2009
Among the dozens of businesses with lucrative Afghan and U.S. taxpayer-financed reconstruction deals are two extremely well connected companies -- Ghazanfar and Zahid Walid -- that helped to swell the election coffers of President Hamid Karzai as well as the family business of his running mate, the country's new vice president, warlord Mohammed Qasim Fahim.

AFGHANISTAN: Wackenhut aids inquiry into its Afghanistan contractor
http://www.cnn.com/2009/WORLD/asiapcf/09/03/afghanistan.contractors/
September 3rd, 2009
This week the Project on Government Oversight released damning allegations of deviant hazing at a camp for security guards in Afghanistan. Sparking questions from the State Department, POGO warned the problems are "posing a significant threat to the security of the embassy and its personnel."

AFGHANISTAN: Wackenhut aids inquiry into its Afghanistan contractor
http://www.cnn.com/2009/WORLD/asiapcf/09/03/afghanistan.contractors/
September 3rd, 2009
This week the Project on Government Oversight released damning allegations of deviant hazing at a camp for security guards in Afghanistan. Sparking questions from the State Department, POGO warned the problems are "posing a significant threat to the security of the embassy and its personnel."

AFGHANISTAN: Wackenhut aids inquiry into its Afghanistan contractor
CNN.com
September 3rd, 2009
This week the Project on Government Oversight released damning allegations of deviant hazing at a camp for security guards in Afghanistan. Sparking questions from the State Department, POGO warned the problems are "posing a significant threat to the security of the embassy and its personnel."

US: New Hire Highlights Altegrity's Growing Ambition
by Thomas HeathWashington Post
August 17th, 2009
For more than 12 years, Falls Church-based USIS quietly scrutinized the backgrounds of individuals who needed security clearance to work in the U.S. government or in the private sector. Now re-named Altegrity, the company has ambitions of securing government contracts for much more than investigation and data-collection.

US: DynCorp Billed U.S. $50 Million Beyond Costs in Defense Contract
by V. Dion HaynesWashington Post
August 12th, 2009
A Defense Department auditor, appearing before the Commission on Wartime Contracting in Iraq and Afghanistan, testified Tuesday that DynCorp International billed the government $50 million more than the amount specified in a contract to provide dining facilities and living quarters for military personnel in Kuwait.

US: Cash-rich SAIC hits the acquisition trail
by Sami LaisWashington Technology
August 6th, 2009
Making a big splash in recent weeks, Science Applications International Corp. bought two companies, adding new capabilities in cybersecurity, energy and disaster recovery — areas in which government spending is expected to grow.

US: Sued by the forest
by Rebecca Tuhus-DubrowThe Boston Globe
July 19th, 2009
Last February, the town of Shapleigh, Maine, population 2,326, passed an unusual ordinance. Like nearby towns, Shapleigh sought to protect its aquifers from the Nestle Corporation, which draws heavily on the region for its Poland Spring bottled water. Shapleigh tried something new. At a town meeting, residents voted to endow all of the town’s natural assets with legal rights.

US: Contractors Vie for Plum Work, Hacking for U.S. Government
by CHRISTOPHER DREW and JOHN MARKOFFNew York Times
May 30th, 2009
The Obama administration’s push into cyberwarfare has set off a rush among the biggest military companies for billions of dollars in new defense contracts. Nearly all of the largest military companies — including Northrop Grumman, General Dynamics, Lockheed Martin and Raytheon — have major cyber contracts with the military and intelligence agencies.

US: Contracting Boom Could Fizzle Out
by Dana HedgpethWashington Post
April 7th, 2009
The surge in the U.S. military contracting workforce would ebb under Defense Secretary Gates's budget proposal as the Pentagon moves to replace private workers with full-time civil servants. The move could affect companies such as CACI and SAIC. "We are right-sizing the defense acquisition workforce so we can improve our contract oversight and get a better deal for the taxpayers," said the Pentagon's director of defense procurement and acquisition policy.

IRAQ: Ex-Blackwater Workers May Return to Iraq Jobs
by Rod NordlandNew York Times
April 3rd, 2009
Late last month Blackwater Worldwide lost its billion-dollar contract to protect American diplomats in Iraq, but by next month many of its private security guards will be back on the job here. The same individuals will just be wearing new uniforms, working for Triple Canopy, the firm that won the State Department’s new contract.

US: Pentagon Weighs Cuts and Revisions of Weapons
by Christopher DrewNew York Times
April 3rd, 2009
U.S. defense executives and consultants are worried about the sweeping changes in military programs that Defense Secretary Robert M. Gates is expected to announce on Monday. Weapons systems like missile defense are likely to endure deep cuts.

CHINA: Banks Face Big Losses From Bets on Chinese Realty
by David Barboza New York Times
April 3rd, 2009
Evergrande Real Estate Group, now mired in debt, has become a symbol of China’s go-go era of investing, when international bankers, private equity deal makers and hedge fund managers from Merrill Lynch, Deutsche Bank and others rushed here hoping to cash in on the world’s biggest building boom.