Army Studying Halliburton Compromise
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The U.S. Army is studying a possible  compromise with Halliburton Co. that might allow the company to  keep several billion dollars in disputed billings for work in  Iraq, defense officials said on Friday.
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Halliburton Co.&#39;s multibillion dollar contract for work to support US troops in Iraq will be put back up for bids, according to a published report.
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Halliburton Co. said an internal probe uncovered information suggesting that members of a consortium it helps lead considered bribing Nigerian officials to win business.
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After a week of flip-flops by the Army, Halliburton is waiting for a final decision on whether the military will withhold 15 percent of payments for some of its work in Iraq.
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The F.B.I. is investigating whether the Army's handling of a large Iraq contract with the Halliburton Company violated procurement rules.
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The U.S. military expects to decide  within a week whether to withhold 15 percent of bills paid to  Halliburton Co. HAL.N for work in Iraq, an Army spokeswoman  said Wednesday, as Democrats cried foul over why the Army was  flip-flopping on the issue.
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NEW YORK, September 7 (New Ratings) - The US Army reportedly intends to break up its multibillion dollar contract, awarded to Halliburton Co (HAL.
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DALLAS (CBS.MW) -- Halliburton&#39;s shares closed higher Wednesday after the Army Materiel Command reversed its decision to withhold 15 percent of its future payments to the company under a contract to supply and support US troops in Iraq.
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The U.S. Army is laying the groundwork to let Halliburton Co. keep several billion dollars paid for work in Iraq that Pentagon auditors say is questionable or unsupported by proper documentation, the Wall Street Journal reported on Friday.
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WASHINGTON : US oil service firm Halliburton has acknowledged that improper payments &quot;may have been made&quot; to Nigerian officials through a consortium of which it was a member.
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The Army should withhold nearly $90 million in payments to Halliburton because the politically connected firm can&#39;t justify what it charged America&#39;s temporary government in
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Halliburton Co. on Tuesday blamed politics for a US Army decision to not grant the company more time to resolve a billing dispute in which the Pentagon contends the company did not adequately account for some $1.8 billion of work done in the Middle East.
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WASHINGTON - The Pentagon has hastily reversed a decision to partially withhold payments to Halliburton, the biggest US contractor in Iraq.
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An Army official responsible for administering the giant logistical contract with Halliburton Co. for food, housing and other services in Iraq and Kuwait said yesterday that his command has not had enough trained people to properly oversee the ...
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Halliburton Co. may decide not to submit new 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 said on Tuesday.
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THE INVESTIGATION: The FBI is looking into whether a subsidiary of Halliburton Co. improperly received lucrative federal government contracts for work in Iraq without competitive bidding.
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Following questions about performance of Halliburton subsidiary, the U.S. Army plans to rebid portions of a giant logistical contract with the company for food, housing and other troop support in Iraq.