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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