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. Read More
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. Read More
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. Read More
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. Read More
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. Read More
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. Read More
Retention of key combat personnel is being eroded by far better money offers from federally hired "private security companies" -- as their executives insist they be called. Once on board and back in the private sector of dangerous military operations in Iraq, these highly trained fighters and specialists can make up to a quarter of a million dollars or more (most of it tax-free) in a year's worth of salary -- certainly better than Army pay. Read More
