Democracy Now: Pentagon Use Of No-Bid War Contracts Balloons to $140 Billion

The Pentagon’s use of no-bid contracts has tripled since the United States was attacked on 9/11, in spite of promises to reform the controversial practice. According to a new investigative report from the Center for Public Integrity, no-bid spending has ballooned from $50 billion in 2003 to $140 billion in 2011. One instance cited in the report details how the Department of Defense awarded $50 million in sole-sourced contracts to an Arizona company in order to develop a lightning-shooting device that could detonate improvised explosives from the front of a vehicle. The Marines eventually canceled the contract. It was later revealed a separate company has developed the same technology for $1.5 million. So far this year, the Pentagon has allowed competition on just 55 percent of its war contracts; the lowest rate since 9/11. In addition to Center for Public Integrity’s findings, the independent Commission on Wartime Contracting in Iraq and Afghanistan is preparing to release a report showing that one in every six contracting and grant dollars spent in Iraq and Afghanistan has been wasted, totaling some $30 billion lost.

~ by wheresthemic on August 30, 2011.

One Response to “Democracy Now: Pentagon Use Of No-Bid War Contracts Balloons to $140 Billion”

  1. So now that we know the Dollars and NonCents…who do you tell? So many travesties are written and reported, but THEN WHAT???!!! So many folks under and unemployed and struggling to maintain a healthy existence, yet this is the sh*t that takes priority?? C’MON, WAKE UP AND BE OUTRAGED!!!

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