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KBR Tells U.S. Army it will Cost $500 Million and Take 13 Years to Close out Its Iraq Contract
Posted By kurtnimmoadmin On May 15, 2013 @ 12:09 pm In Tile,World at War | Comments Disabled
May 15, 2013
The recipient of the largest government services contract in U.S. history has told military officials it will take another 13 years and half a billion dollars to finish off its work stemming from the Iraq war.
This assessment from KBR Inc., which won the $38 billion deal from the U.S. Army way back in 2001, is at the heart of a legal battle between the two sides.
KBR was responsible for aiding virtually all American military support operations as part of the Logistics Civil Augmentation Program (pdf) (LOGCAP) III in Iraq.
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