Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Discuss the candidates honestly. -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (4378)	9/8/2004 6:05:00 AM
From: TideGlider	Read Replies (1) \| Respond to of 4965

What's your point? HAL is tired of the crap anyway. The only reason they were given the contract to begin with was due to them being the only company large enough, with enough expertise to handle all the elements of the contract. I am sure HAL can't wait to loose it all or major portions of the deal.

To: ChinuSFO who wrote (4378)	9/8/2004 6:14:00 AM
From: Sully-	Read Replies (1) \| Respond to of 4965

Halliburton's Iraq Contract Split Up By Alan Brain - Command post blog From the Wall Street Journal via the BBC : The Pentagon plans to end a contract given to Halliburton to provide US troops in Iraq with logistical support, the Wall Street Journal reports.The army will put the work out to bid, the newspaper says, quoting an army memorandum which estimates the contract to be worth $13bn (Pds 7.3bn). […] <font size=4>US defence officials say the intention to break up the contract with Halliburton was not intended to penalise its Kellogg Brown & Root (KBR) unit which handles the Iraq operation, the Wall Street Journal reports. KBR provides troops in Kuwait and Iraq with housing, dining halls, transportation and laundry. Rather, the intention was to find greater efficiency by parcelling the work out to a greater number of firms.<font size=3> Halliburton spokeswoman Wendy Hall told the newspaper that the move was expected but that KBR would consider bidding for parts of the work. In the memo dated 25 August, the newspaper says, <font size=4>the army’s chief of procurement policy, Tina Balard, directed top officials to <font color=green>“immediately begin the transition to competitively awarded sustainment contracts for support of US military forces in Iraq”<font color=black>. Halliburton/KBR went in as sole supplier during the initial emergency: the situation is now ‘sustainment’ of support, where there’s no hurry, and you can afford to subcontract.