sgt, llc: areva and URS/washington group, international
contracts with exelon, coming together of powerful corporations
INCLUDING, my alltime favorite war profiteer, URS corp, formerly headed by CEO RICHARD “SCUMBALL” BLUM.
from our chicago war profiteers blog
100 S Wacker Dr
Chicago, IL 60606
CFO H. Thomas Hicks
Revenues $5.4 billion
Profit $132 million
A leading contractor to the U.S. Department of Defense, providing engineering, technical assistance, operations and maintenance, and management services, including the management of “threat reduction and chemical weapons demilitarization programs.”
A major contractor to the U.S. Department of Energy, serving on the management teams of four of the largest U.S. National Nuclear Research Laboratories, as well as managing and disposing of nuclear waste. Richard Blum, who sat on the URS Board of Directors from 1975-2005, is currently the Chair of the UC Regents, who recently renewed a contract for the management and oversight of the National Labs. The UC is partnered with Bechtel on that project in a Limited Liability Contract (LLC). URS designs, builds, operates and maintains fossil fuel, hydropower, nuclear and alternative/renewable power generation facilities, and serves as a leading mining contractor for energy, minerals and metals mines.
URS was awarded a contract on June 18th, 2008 of up to $1.5 billion to provide support to NASA and United States Air Force, including operations, maintenance and engineering services to assigned facilities, systems, equipment and utilities, propellants and life support services, as well as institutional logistics, transportation logistics and laboratory services.
URS was directed by Richard Blum, an investment banker and married to U.S. Senator Dianne Feinstein (D, CA), when it started receiving controversial $600 million reconstruction contracts after the invasion of Iraq. Blum’s investment firm scored $100 million from that contract alone. Washington Group International, acquired by URS in 2007, also received contracts related to the disastrous Iraq reconstruction effort.
In March 2008 the Pentagon revealed that parts for Minuteman nuclear missiles had been mistakenly shipped to Taiwan from Hill Air Force Base in Utah by EG&G Technical Services, now a division of URS.
The 10-K report filed by URS in early 2008 noted that the acquisition of Washington Group brought with it dozens of civil lawsuits pending against a subsidiary of the company that had worked on levees in New Orleans that failed during the flooding caused by Hurricane Katrina in 2005. The report also noted that URS itself is being sued by the Tampa-Hillsborough County Expressway Authority in Florida for a breach of contract and professional negligence in a roadway project.
In 2003 Washington Group was hit with a fine of $55,000 by the Department of Energy, which accused the company of falsifying quality control inspection records at the Idaho National Engineering and Environmental Laboratory.
POSTED BY CHICAGO FREE SCHOOL AT 7:31 PM