Defense contractors warned the automatic spending cuts known as sequestration would cause layoffs and facility closures, but nearly two months in, the biggest companies are reporting only a slight drop in sales. Contracting giant General Dynamics saw its profit hit $571 million in the first quarter of the year, up 1.2 percent from the same […]
Supreme Group the food supplier to US troops in Afghanistan is embroiled in a costly dispute with the Pentagon that has attracted congressional interest. The Pentagon allowed a private firm providing food and water to U.S. troops in Afghanistan to allegedly overbill taxpayers $757 million and awarded the company no-bid contract extensions worth more than $4 billion over […]
CONTRACTOR SUPPORT OF U.S. OPERATIONS IN THE USCENTCOM AREA OF RESPONSIBILITY TO INCLUDE IRAQ AND AFGHANISTAN BACKGROUND: This report updates DoD contractor personnel numbers in theater and outlines DoD efforts to improve management of contractors accompanying U.S. forces. It covers DoD contractor personnel deployed in Afghanistan (Operation Enduring Freedom (OEF); Iraq; and, the U.S. Central […]
The beleaguered security company that failed for months to hire enough civilian guards to staff gates at U.S. Forces Korea installations is getting the ax. British-based G4S is being phased out immediately, with a new security firm scheduled to take over all security operations completely by the end of October, the U.S. Army Installation Management […]
DynCorp International Inc.’s agreement with the Army Corps of Engineers over disputed work in Afghanistan “wasn’t a settlement, it was a mugging,” according to the U.S. watchdog of wartime spending there. John Sopko, the special inspector general for Afghanistan reconstruction, commented in response to findings by the Corps of Engineers that a $73 million payment […]
