more on Halliburton...from Reuters
Halliburton Says It May Not Rebid for Iraq Work
HOUSTON (Reuters) - Halliburton Co. may decide not to submit bids for the logistics contracts it holds in Iraq if the U.S. military divides up the work too deeply, Chief Executive Officer Dave Lesar told an analysts' conference in New York Tuesday. Earlier in the day, the Wall Street Journal reported the U.S. Army plans to break up the multibillion-dollar logistics contract and seek competitive bids for the work it awarded to Halliburton to feed, house and operate services for U.S. troops. "I'm not sure we're going to rebid if it's hacked into too many pieces in Iraq. If we do choose to rebid, we're going to jack the margins up significantly," said Lesar, whose comments were broadcast on the Internet. 09/07/04 14:06
HOUSTON (Reuters) - Halliburton Co. may decide not to submit bids for the logistics contracts it holds in Iraq if the U.S. military divides up the work too deeply, Chief Executive Officer Dave Lesar told an analysts' conference in New York Tuesday. Earlier in the day, the Wall Street Journal reported the U.S. Army plans to break up the multibillion-dollar logistics contract and seek competitive bids for the work it awarded to Halliburton to feed, house and operate services for U.S. troops. "I'm not sure we're going to rebid if it's hacked into too many pieces in Iraq. If we do choose to rebid, we're going to jack the margins up significantly," said Lesar, whose comments were broadcast on the Internet. 09/07/04 14:06
posted by BLONDIE at 11:46 AM
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