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thinkahol *

Runaway Spending on War Contractors - NYTimes.com - 0 views

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    Tales of waste, fraud and mayhem by private contractors have been commonplace during 10 years of military operations in Afghanistan and Iraq. Now a Congressional study commission has put a "conservative" estimate on waste of between $31 billion and $60 billion in the $206 billion paid to contractors since the start of the two wars.
thinkahol *

Fraudulent Defense Contractors Paid $1 Trillion - Newsroom: Bernie Sanders - U.S. Senat... - 0 views

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    Fraudulent Defense Contractors Paid $1 Trillion
thinkahol *

KBR: Kickbacks, Bribes, Ripoffs & War Racketeering - 0 views

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    Why KBR continues to be awarded huge open-ended, cost-plus, no-compete contracts from the Pentagon is a question worthy of a criminal investigation, because their track record as a military contractor suggests that "KBR" is actually short for "Kickbacks, Bribes & Ripoffs".  According to the POGO Federal Contractor Misconduct Database, since 1995 the company has been involved in not less than 23 documented cases of misconduct including but not limited to Overcharging the Government, Violation of Anti-Kickback Act, Excessive Subcontract Costs, Fraud and Accepting Kickbacks, Exposing Troops to Hazardous Water Conditions, Bribery to Win International Government Contracts, Overpricing Fuel, Breach of Contract, Hurricane Relief Contract Overcharges, Sexual Assault, Freight Forwarding Kickbacks, Procurement Irregularities, and Conspiracy to Defraud the Government.  For this KBR has paid millions in fines, which it surely considers a small price to pay for the billions it continues to receive in new federal contracts every year:
thinkahol *

Want to cut big government abuses? Start with defence contracting | Michael Shank | Com... - 0 views

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    We have the evidence: the hardpressed US taxpayer is being fleeced by profiteering contractors and corrupt military personnel
thinkahol *

Special Operations Spending Quadruples - Bloomberg - 0 views

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    The U.S. Special Operations Command's spending since 2001 has quadrupled, with an almost fivefold increase in revenue for its four largest defense contractors, according to a Bloomberg Government study.
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