Military, Security & Surveillance
Raytheon directors punished the chief executive, William H. Swanson, by taking away almost $1 million from his 2006 compensation yesterday because he failed to give credit for material that was in a management book he wrote.
Halliburton has admitted that it destroyed evidence after the April 2010 Deepwater Horizon catastrophe in the Gulf of Mexico. The company has agreed to pay a $200,000 fine, make a donation of $55 million to the National Fish and Wildlife Foundation and accept three years of probation.
Casualties among private contractors in Iraq have soared to record levels this year, setting a pace that seems certain to turn 2007 into the bloodiest year yet for the civilians who work alongside the American military in the war zone, according to new government numbers.
Jamie Leigh Jones was just 20 in 2005 when she took a leap of faith to work in Iraq for her employer, military contractor Kellogg, Brown & Root, then a subsidiary of Halliburton. She went on a mission she believed in. Shortly after her arrival in Iraq, however, Jones' ambitions were dashed in an alleged gang rape by co-workers.
United Nations sanctions against Saddam Hussein may have failed to end his regime but they succeeded in enriching both the Iraqi dictator and corporations able to manipulate the scandal-ridden world body's Oil-for-Food program. Among the profiteers was the Australian Wheat Board, a former state-owned monopoly, which funneled over $200 million into Saddam's coffers even as the "Coalition of the Willing" was preparing for invasion.
European firms such as AugustaWestland and Eurocopter are supplying components for Chinese combat helicopters via networks of global subsidiaries and re-exporters despite the EU's 17-year old China arms embargo, NGOs have warned.
Hundreds of workers at a Haryana factory for India's biggest carmaker - Maruti Suzuki - are being rounded up by police after a violent clash left a manager dead. The incident has become a symbol of the clash between winners and losers in the country's economic boom.
By using contract employees for intelligence work, government agencies lose control over those doing this sensitive work and an element of profit is inserted into what is being done. Also, as investigations have revealed, politics and corruption may be introduced into the process.