Iraq

Professional Overseas Contractors
KBR Inc. said the Armed Services Board of Contract Appeals affirmed the government contractor's use of private security contractors during combat operations in Iraq, clearing the way for KBR to recover $45 million for services rendered in 2003 to 2007.

The company, which performs engineering, construction and defense--said the decision also affirms the appropriateness of an added $10 million previously paid to KBR. The payment isn't expected to have a material impact on KBR's 2014 earnings.

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Professional Overseas Contractors
The crisis in Iraq has prompted U.S. contractors with personnel there to evacuate them from areas near Baghdad that are increasingly in the line of fire as insurgent fighters capture more territory with the apparent end goal of seizing the Iraqi capital.

The individuals are being “temporarily relocated by their companies due to security concerns in the area,” State Department spokeswoman Jen Psaki said in a statement Thursday evening. The individuals involved include U.S. citizens who are currently working under contract with Iraq’s central government in support of the Pentagon’s foreign weapons sales program.

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Professional Overseas Contractors - www.Your-POC.com
WASHINGTON — Hundreds of contractors working for America's biggest defense companies are taking on a broader role in helping Iraq's military learn to use new weapons in a growing battle against Islamist insurgents. Over the next few months, the U.S. government is expected to begin sending more than $6 billion in military equipment to Iraq. The latest deal includes 24 Apache attack helicopters made by Boeing Co. and nearly 500 Hellfire missiles produced by Lockheed Martin Corp.

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