The 25 Most Vicious Iraq War Profiteers

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22. Bechtel

 

Iraq-Bechtel

Bechtel is yet another Iraq contractor who seems to have benefited from close ties to the Bush Administration. How else would a company recommended by the man who oversaw the Big Dig disaster possibly be awarded a $2.4 billion, no-bid reconstruction contract for Iraq’s infrastructure? Journalists and competitors are scratching their heads at why the Bush Administration trusted the choice of USAID chief Andrew Natsios after his woefully ineffective tenure at the head of the Massachusetts Turnpike Authority. While in that capacity, the Big Dig’s operating costs ballooned from an initial $2.6 billion to $14.6 billion, and the job still took years to complete!

In line with Natsios’ track record of recommendations, this one turned out to be a flop. Bechtel proceeded to lose its contract for the Basra Children’s Hospital Project after falling a year and a half behind schedule and $70-$90 million over budget.

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22. Bechtel