The Daily Sandwich

"We have to learn the lesson that intellectual honesty is fundamental for everything we cherish." -Sir Karl Popper

Location: Boston, Massachusetts, United States


Thursday, June 23, 2005

Another billion for Halliburton

It's a good thing that Cheney is just receiving a couple hundred thousand a year from Halliburton at this point, instead of actually working for them. Otherwise there might be suspicions of conflict of interest...

Halliburton Co. won a contract potentially worth more than $1 billion to support U.S. troops in the Balkans and other areas in Europe.

The U.S. Army Corps of Engineers contract was awarded to Halliburton subsidiary KBR despite ongoing allegations of overbilling by the unit, the largest U.S. contractor in Iraq. Halliburton has consistently denied wrongdoing.

Halliburton is guaranteed a minimum of $5 million for the first year and an additional $1 million for each of the four optional years under the contract, which replaces the Balkans Support Contract awarded to Halliburton in May 1999, the Army Corps said in a release. The U.S. may spend up to $1.25 billion for the company's services in the five-year period.