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July 06, 2005

Army gives $5 billion of work to Halliburton

By Sue Pleming
Reuters
Wednesday, July 6, 2005; 6:05 PM

WASHINGTON (Reuters) - The U.S. military has signed on Halliburton to do nearly $5 billion in new work in Iraq under a giant logistics contract that has so far earned the Texas-based firm $9.1 billion, the Army said on Wednesday.

Linda Theis, a spokeswoman for U.S. Army Field Support Command in Rock Island, Illinois, said the military signed the work order with Halliburton unit Kellogg Brown and Root in May.

The new deal, worth $4.97 billion over the next year, was not made public when it was signed because the Army did not consider such an announcement necessary, she said.

Continue reading the article here.

| By utcdems | 09:36 PM

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