Army to Rebid Giant Halliburton Contract -WSJ
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The US Army plans within months to break up Halliburton Co.&#39;s contract to provide support services for US troops in Iraq -- valued at up to $13 billion -- and open the work to competitive bids, the Wall Street Journal said on Tuesday
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Halliburton Co.  said on Thursday it would restructure its KBR unit and may shed the business if the oil services company's stock performance keeps lagging its peers.
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Halliburton said Monday the U.S. Army had decided to give the company more time to resolve a billing dispute before withholding payment of up to 15 percent of the company's bills in Iraq and Kuwait.
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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. , the world&#39;s  second-largest oil services company is seeking stakes in  emerging Gulf Arab firms to expand its operations in the  region, pan Arab daily Asharq al-Awsat reported on Monday.
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Halliburton (HAL:NYSE - news - research) sank Tuesday after the Army chose not to extend a deadline for the company to explain its billing in Iraq.
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Halliburton Co., accused of  overcharging on its contract in Iraq, on Tuesday said it may  decide not to submit new bids for the business if the U.S.  military divides up the work too deeply.
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Unit, a big operator in Iraq, will be separated if it doesn&#39;t perform after restructuring. NEW YORK  - Halliburton Co.
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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 U.S. ambassador to Kuwait and other senior U.S. officials put pressure on Halliburton to award a contract to a Kuwaiti company suspected of overcharging to bring fuel into Iraq, according to State Department documents released on Wednesday.
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The U.S. Army will withhold payment on 15 percent of future invoices of Halliburton Co.'s logistics deal in Iraq due to an ongoing billing dispute, the company and the U.S. military said on Tuesday.
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Defense contractor Northrop Grumman  Corp  is teaming up with Oshkosh Truck Corp  in a  bid to supply military vehicles in a contract that could be  worth billions of dollars, The Wall Street Journal reported on  Tuesday.
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Halliburton Co. said it may sell its KBR unit, which is being investigated for possible overcharges on a US Army contract in Iraq and alleged bribery at a Nigerian venture, to boost its share price.
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Halliburton Co. said yesterday that it is restructuring its troubled engineering and construction subsidiary, KBR, and would consider selling or spinning
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Halliburton, beset by controversy over its work in Iraq, said Thursday that it would sell its KBR engineering and construction unit if the oilfield services company&#39;s share performance did not measure up to sector rivals.
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The U.S. Army will withhold payment on 15 percent of future invoices of Halliburton Co.'s (HAl.N) logistics deal in Iraq due to an ongoing billing dispute, the company and the U.S. military said on Tuesday.
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WASHINGTON - The Army extended a Halliburton Co. troop support contract over the objections of a top contracting officer, even contending - and then withdrawing - a claim that US forces faced an emergency if the company didn&#39;t get the extra work.