Wall Street Journal, 24 June 2012
The Pentagon signed a contract with Dubai-based company Anham FZCO for food-supplies to their military bases. The contract value is estimated at $8.1 billion but could reach up to $24 billion over 5.5 years. A separate interim contract was awarded to current, controversial supplier Supreme at an estimated worth of $1.5 billion (and possibly up to $4.5 billion, in the event of an ‘unexpected troop surge’). The Pentagon has spent about 6.8 billion dollar since 2005 on its current food-supply contract and is locked in a dispute with Supreme over alleged overcharging.
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This article was last updated on 9 Mar 2020
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Economy
Dubai