The idea of putting all your eggs into one basket is always a gamble. But as has been said, oftentimes no-bid contracts have to happen to keep the ball rolling. It certainly is time that this contract is competitively bid, however it is extremely likely Halliburton will have a piece of this new pie.
It's not due to the VP as so many self-misled people like to believe, but because there are not that many companies that can handle this type of service. It's just the way it is.
From the Washington Post:
The Army is discontinuing a controversial multibillion-dollar deal with oil services giant Halliburton Co. to provide logistical support to U.S. troops worldwide, a decision that could cut deeply into the firm's dominance of government contracting in Iraq.
The choice comes after several years of attacks from critics who saw the contract as a symbol of politically connected corporations profiteering on the war.
Under the deal, Halliburton had exclusive rights to provide the military with a wide range of work that included keeping soldiers around the world fed, sheltered and in communication with friends and family back home. Government audits turned up more than $1 billion in questionable costs. Whistle-blowers told how the company charged $45 per case of soda, double-billed on meals and allowed troops to bathe in contaminated water.
the rest here...
