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November 20, 2007
New Study: Explosive Growth for War Contracts
U.S. government contracts for work in Iraq and Afghanistan have mushroomed more than 50 percent annually, from $11 billion in 2004 to almost $17 billion in 2005 and more than $25 billion in 2006, according to a new report by the Center for Public Integrity called "Windfalls of War II" (a supplement to a previous report).
Much of the study confirms the obvious, such as KBR's top billing for $16 billion from 2004 through 2006. But it also compiles a handy list of the top 100 contractors doing business in the war zones.
Unknown Identities: One of the most interesting findings is that "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." Here's the chart.
Missing Key Company: The report seems to have missed is Kuwait-based Public Warehouse Company -- now better known as Agility. The company has billed billions of dollars on the war effort in Iraq and is a primary logistical supplier for the military and civilian forces.
Posted by davidphinney at November 20, 2007 11:17 AM
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