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Sunday, November 29th, 2009

Army Gives Out $15 Billion in Contracts

July 8, 2009 by Mark Ellis  
Filed under Business

DynCorp International Inc. and Fluor Corp. are the fortunate companies that the Army will pay up to $15 billion over the next five years to build army bases and other military necessities. The Pentagon has yet to decide exactly how much of the $15 billion it will need to pay to meet its needs.
 
Defense contractors have the potential to rake in the profits because of the fact that Afghanistan is much less developed than Iraq as far as U.S. military concerns go. KBR Inc., the previous company in charge of several infrastructural contracts throughout the Middle East, lost the bidding for this round of contracts. The company may lodge a protest after reviewing the deal.
 
Although the U.S. military has had several of problems with defense contractors in the past, the Pentagon is making sure that this round of contracts goes smoothly. Military officials are also carefully deciding how to approach the counterinsurgency, taking care to send in only as many soldiers are actually needed.

Image: Flickr

Image: Flickr

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