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Sydney Morning Herald
9 hrs ago
Comment
Prime Minister Kevin Rudd has praised the efforts of the men and women who served in Operation Catalyst during the Iraq war.
New York Times
11 hrs ago
Comment
The Department of Defense has identified 4,355 American service members who have died since the start of the Iraq war and 909 who have died as a part of the Afghan war and related operations. It confirmed the deaths of the following Americans this...
New York Times
Nov 20
Comment
The Department of Defense has identified 4,354 American service members who have died since the start of the Iraq war.
New Straits Times
Nov 18
Comment
PIZI Jihat's letter ("Issues don't bear comparison" -- NST, Nov 13) on my comment on Tun Dr Mahathir Mohamad ("A chance lost to question Blair" -- NST, Nov 6) does not address what I was talking about.
New York Times
Nov 17
Comment
The Department of Defense has identified 4,353 American service members who have died since the start of the Iraq war and 909 who have died as part of the Afghan war and related operations.
Sydney Morning Herald
Nov 15
Comment
LONDON: The British military has become embroiled in yet more controversy over its conduct in the Iraq war. The Ministry of Defence has confirmed it is investigating 33 new allegations by Iraqi civilians of rape and abuse against soldiers.
Bloomberg
Nov 14
Comment
While they’re thousands of miles
from the battlefront, the families of Iraq War casualties in
“The Messenger” suffer almost as much as soldiers in the
field.
Sydney Morning Herald
Nov 13
Comment
Former British prime minister Tony Blair is to be called to give evidence to an inquiry into the Iraq war, UK officials have announced.
Bloomberg
Nov 12
Comment
General David Petraeus, head of U.S.
Central Command, said former President George W. Bush’s
“surge” of U.S. troops aided social stability in Iraq and
reduced the level of violence in the country.
New York Times
Nov 12
Comment
The Department of Defense has identified 4,352 American service members who have died since the start of the Iraq war and 906 who have died as part of the Afghan war and related operations. It confirmed the deaths of the following Americans on...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS
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This article describes a concept which could impact a variety of companies, countries or industries. To see what companies and articles reference this concept page, click here. |
TOP CONTRIBUTORS
On March 20, 2003, a U.S.-led coalition invaded Iraq, setting off a conflict that has yet to be resolved. As with any military campaign, defense contractors and manufacturers of weapons, armor, and related goods, all benefited from increased demand relating to the Iraq War. Even when the war ends, several companies stand to benefit. Defense companies may see declining demand after the fighting ceases, but construction and other companies will likely benefit. Post-war Iraq will need substantial construction to rebuild its infrastructure, logistical and training services for its public employees, and myriad other good and services. Companies specializing in serving these markets could see significantly increased revenues after the dust settles.
Companies that benefit from the Iraq War
- Dyncorp International (DCP) received 97% of its 2006 revenue from the U.S. government, particularly the Department of Defense. From FY2002 to FY2006, contracts related to the Iraq War increased Dyncorp's revenues over 260%. Additionally, DCP just received a new 10-year contract valued at up to $5 billion per year. The immediate focus of this contract is providing services to U.S. soldiers in Iraq as well as training services to the newly-instated Iraqi government.
- KBR (KBR), a former subsidiary of Halliburton Company (HAL), is the largest defense services provider to the U.S. Army. In 2006, its operations in Iraq accounted for 45% of its revenue, down from 50% in 2005. In addition to defense services, KBR also specializes in the construction of both civil infrastructure and oil and natural gas production facilities. KBR was awarded a contract to reconstruct oil fields in Iraq. The impact of this contract on KBR's revenues and profits is not yet known; the contract had no time or dollar limits.
- General Dynamics (GD) and AM General, a privately held firm, produce Humvees and other military vehicles. GD also manufactures aircraft and sea vessels designed for military purposes.
- Armor Holdings (AH) and Force Protection (FRPT) produce armor for the Humvees and other vehicles used by the U.S. military.
- Lockheed Martin (LMT) just won a $1 billion contract from the U.S. Air Force to train search and rescue crews and special operations forces. Discontinued operations in Iraq would decrease the demand for services such as these.
- DHB Industries, Inc. (DHBT.PK) manufactures bulletproof garments used by the U.S. military. From 2002 to 2004, revenue increased from $130 million to $340 million, an increase of 161%. DHB has not filed a 10-K since 2004, making more recent data unavailable.
- Alliant Techsystems (ATK) derives nearly 80% of its sales from the U.S. government, and more than 35% from the U.S. Army and Air Force combined. ATK designs and produces defense products and missile systems, as well as artillery and ammunition, used by the U.S. military and its allies.
- In Jun 2008, the Oil Majors moved into Iraq to begin drilling for the first time since 1972; despite the outrage many U.S. and international citizens have expressed over their seeming exploitation of a long and bloody war, these oil companies hope to take advantage of the country's estimated 350 billion barrels of oil.[1]
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