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Cofounder Scott Custer says the company, which is facing war-profiteering charges, performed well under dangerous and "extremely difficult" conditions in Iraq.
Tim Spicer makes fortune from Pentagon security deal.
Court papers depict a sordid exercise in greed and corruption that was spread much more widely that previously known.
Robert J. Stein Jr., a former contracting official for the Coalition Provisional Authority in Iraq, acknowledged his role in the conspiracy in a signed statement that has been filed with the court.
High-ranking officials from the United States as well as Iraq accuse the Danish shipping company Maersk of having taken advantage of the chaos of war in order to grab control of Iraq's oil port.
Reports say many went with fake certificates while others complain the work was too hard so they could not fit in the work plan of the company that took them to Iraq.
The Pentagon had high hopes it could keep costs low on a new model of the C-130 transport by treating it like any other commercial purchase, but despite the publicly intended purpose, the airlifter's price nearly doubled.
Last year, Ken Pedeleose and two colleagues wrote a 90-page report, cross-referenced with hundreds of documents and correspondence, accusing DCMA officials and the Pentagon of routinely bypassing administrative safeguards. The report was delivered to more than 50 members of Congress.
SAN FRANCISCO -- Bay Area activists set to speak at a teach-in on the human rights and environmental impacts of the oil industry have returned to the United States after having been arrested, detained, and denied entry by Canadian immigration officials at Calgary International Airport.
Many say the Pentagon's contract oversight system is crumbling under a burgeoning workload, sharp staff cuts, and a less aggressive oversight culture driven by acquisition reforms that promote more partnership and trust between the Defense Department and its contractors.
After three years of losing money, Halliburton reported a hefty profit for 2005 and announced that all six of its divisions posted record results.
After considering a sale, Halliburton Co. said yesterday that it plans to spin off a minority stake in its subsidiary Kellogg Brown & Root Inc., the largest American contractor in Iraq.
"We believe the IPO market in general and the public market for engineering and construction companies in particular is very attractive," David J. Lesar, Halliburton's chairman, president and chief executive, said in a conference call with analysts.
"Tens of millions of dollars in cash had gone in and out of the South-Central Region vault without any tracking of who deposited or withdrew the money, and why it was taken out," says a report by the Special Inspector General for Iraq Reconstruction, which is in the midst of a series of audits for the Pentagon and State Department.
The American-financed reconstruction program in Iraq will not complete scores of promised projects to help rebuild the country, a federal oversight agency reported.
After securing contracts with the Iraqi government potentially worth hundreds of millions, someone killed Dale Stoffel.
The lid on the recent "drivers recruitment" scam in Chandigarh by a Delhi-based recruiting agent allegedly for the banned Kuwati Transport company, KGL Ltd, has finally blown off.
A senior fraud investigator for the Pentagon who has crusaded against military contractor overcharges for seven years has been suspended for "insubordination," according to an article written by Eric Rosenberg for the Hearst News Service, RAW STORY has learned.
In the world of military contractors, times like these - when a sudden, pressing need intersects with a limited number of suppliers - have all the makings of full-blown financial windfalls.