Army gives $5 bln of work to Halliburton WASHINGTON (Reuters) - The U.S. military has signed on Halliburton (NYSE:HAL - news) to do nearly $5 billion in new work in
Iraq under a giant logistics contract that has so far earned the Texas-based firm $9.1 billion, the Army said on Wednesday.

Linda Theis, a spokeswoman for U.S. Army Field Support Command in Rock Island, Illinois, said the military signed the work order with Halliburton unit Kellogg Brown and Root in May.

The new deal, worth $4.97 billion over the next year, was not made public when it was signed because the Army did not consider such an announcement necessary, she said.

"We did not announce this task order as this is really not something we ever really thought about doing," said Theis.

Halliburton, which was run by Vice President
Dick Cheney from 1995-2000, has been under scrutiny for its contracts in Iraq and several U.S. government agencies are looking into whether it overcharged for some work. http://news.yahoo.com/s/nm/20050706/bs_nm/iraq_halliburton_dc_6