OVERSEAS INTEL

Professional Overseas Contractors - www.Your-POC.com
As coalition forces withdraw from Afghanistan, U.S.-funded reconstruction projects worth billions of dollars in far-flung regions of the country will soon be impossible for American officials to safely visit and directly inspect.

The planned removal of more than 40,000 troops and the closure of dozens of bases over the next year will shrink the protective umbrella for U.S. officials to keep tabs on construction work, training programs and other initiatives in the corruption-plagued nation. Only about 20 percent of the country will be accessible to U.S. civilian oversight personnel in 2014, according to an analysis conducted by the special inspector general for Afghanistan reconstruction and obtained by The Washington Post.

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Professional Overseas Contractors - www.Your-POC.com
Defense contractors have managed to not only stay afloat but also thrive in a climate of government closure and massive cuts to the Pentagon’s budget, continuing to rake in billions upon billions of dollars in profits.

Under the terms of sequestration, the Department of Defense is slashing budgets left and right, with about $41 billion cut in 2013 alone. That hasn’t prevented the major defense contractors — including Lockheed Martin and Northrop Grumman — to continue to post huge profits according to Bloomberg. Northrop Grumman in particular has had a surprisingly good year, showing a 56 percent increase in the price of its shares. In the third quarter, Northrop’s net income grew to $497 million, compared to $459 million for the same period last year.

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Serco
LONDON — Troubled British support services contractor Serco was one of three bidders to lodge proposals with the Defense Ministry on Thursday as a competition to become the private sector business partner managing military infrastructure entered its final stages.

Serco submitted the bid under the shadow of a wide-ranging investigation by the government into all the contracts it holds with the company in the wake of allegations the support services provider defrauded it on two contracts related to electronic tagging and transport of prisoners.

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