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March 04, 2010

Despite Deaths, Army Awards $2.8 BILLION Contract to KBR

Defense juggernaut KBR Inc. was awarded a contract potentially worth $2.8 billion for support work in Iraq as U.S. forces continue to leave the country, military authorities said Tuesday. KBR was notified of the award Friday, a day after the company told shareholders it lost about $25 million in award fees because of flawed electrical work in Iraq. The Houston-based company was charged with maintaining the barracks where Staff Sgt. Ryan Maseth of Pittsburgh, a 24-year-old Green Beret, was electrocuted in 2008 while showering. The company has denied wrongdoing, and investigators said in August there was "insufficient evidence to prove or disprove" that anyone was criminally culpable in Maseth's death.
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Posted by Editor at March 4, 2010 02:28 AM


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