Tuesday, November 20, 2007

Windfalls of War: Baghdad Bonanza: Useful Statistics

KBR, Inc., the global engineering and construction giant, won more than $16 billion in U.S. government contracts for work in Iraq and Afghanistan from 2004 to 2006—far more than any other company. In fact, the total dollar value of contracts that went to KBR—which used to be known as Kellogg, Brown, and Root and until April 2007 was a subsidiary of Halliburton—was nearly nine times greater than those awarded to DynCorp International, a private security firm that is No. 2 on the list of the top 100 recipients of Iraq and Afghanistan reconstruction funds.
Another private security company, Blackwater USA, is 12th on the list of companies and joint ventures, with $485 million in contracts.

Other key findings :
  • Over the three years studied, more than $20 billion in contracts went to foreign companies whose identities—at least so far—are impossible to determine.
  • Nearly a third of the companies and joint ventures on the Top 100 are based outside the United States. These foreign contractors, along with the $20 billion in contracts awarded to the unidentified companies, account for about 45 percent of all funds obligated to the Top 100.
  • U.S. government contracts for work in Iraq and Afghanistan have grown more than 50 percent annually, from $11 billion in 2004 to almost $17 billion in 2005 and more than $25 billion in 2006.

Source: Center for Public Integrity Windfalls of War II: Baghdad Bonanza

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