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Posts tagged: contracts


Oil from the BP spill floats in the Gulf of Mexico near Orange Beach, Alabama.

Photograph by Kari Goodnough/Bloomberg

Oil from the BP spill floats in the Gulf of Mexico near Orange Beach, Alabama.

BP’s Revenue Dwarfs Contracts and Criminal Settlement

Washington is buzzing about BP Plc’s recent suspension from winning new U.S. government contracts. A few figures to provide some perspective on the oil company, which agreed to plead guilty to criminal charges after the worst oil spill in U.S....

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Government contractor Oshkosh Corp.'s M-ATV vehicle. Photograph by Oshkosh Corp. via Bloomberg

Government contractor Oshkosh Corp.'s M-ATV vehicle. Photograph by Oshkosh Corp. via Bloomberg

U.S. Contract Terminations Coming

Contractors may see more canceled deals with the U.S. government as the federal budget shrinks, according to Robert Burton, a former top procurement official under President George W. Bush. “Terminations for convenience” on federal awards will “absolutely” trend upwards, said...

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