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The chief executives of the defense industry's largest companies have doubled their paychecks since 9/11 and the War on Terrorism began -- far greater than the average 7 percent growth for all corporate CEOs.

Chief executives at top U.S. defense contractors have received a 200 percent pay hike since 2001 compared to a 7 percent raise for other CEOs at large companies, a study showed on Tuesday.

Commander of the Army Corps, told Bunnatine H. Greenhouse last month that she was being removed from the senior executive service, the top rank of civilian government employees, because of poor performance reviews.

Despite the relatively small number of American armed forces in Iraq and Afghanistan, the war effort is rapidly shaping up to be the third-most expensive war in United States history.

Chart comparing costs of US wars

According to reports, Lockheed Martin, Boeing, Northrop Grumman, Raytheon, General Dynamics, Honeywell and United Technologies posted all-time best-ever profits in the first half of this year and they still have a huge list of orders.

A top Army contracting official who criticized a large, noncompetitive contract with the Halliburton Company for work in Iraq was demoted Saturday for what the Army called poor job performance.

The US authorities are expected to unveil a setlement with KMPG over its past sales of allegedly abusive tax avoidance schemes in order to avoid trial.

Under the guise of helping get Iraq back on its feet, the US is setting out to totally re-engineer the country's traditional farming systems into a US-style corporate agribusiness. They've even created a new law - Order 81 - to make sure it happens.

KPMG, the accounting firm under investigation for selling questionable tax shelters, will pay $456 million and accept an outside monitor of its operations under terms of an agreement with prosecutors that heads off an indictment of the firm, people briefed on the deal said yesterday.