Wednesday, March 31, 2004
Family Valuables
Bu$h Dynasty war profiteers roll in the loot.
More on Bush family members profiting from war in Iraq. Full article HERE
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All in the (Profiteering) First Family
By Margie Burns
St. Louis-based Engineered Support Systems Inc. (EASI), where William H.T. Bush, an uncle of George W. Bush, joined the board of directors in 2000, is a major military contractor. Following the 2000 election and 9/11, the company, which declined to comment for this article, has seen its federal contracts, revenues, and stock price increase.
Engineered Support Systems receives contracts from all branches of the military. The Defense Department listed EASI in its top 100 contractors in 2001, with $330 million in contracts; and in 2002, with $380 million in contracts. Estimates for 2003 are over $380 million.
As luck would have it, company products include "Field Deployable Environmental Control Units" (FDECUs) to deal with weapons of mass destruction. On Jan. 17, 2003, the company announced orders from the Air Force and the Marines for these units, complete with Nuclear Biological Chemical Kits, in preparation for secret arsenals of WMDs hidden, the White House insisted, by Saddam Hussein.
More on Bush family members profiting from war in Iraq. Full article HERE
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Receives $16.3 Million Contract for Up-Armoring of Military Vehicles - 03/02/2004
ST. LOUIS, March 2, 2004 -- Radian Inc. (Radian), a subsidiary of Engineered Support Systems, Inc. (Nasdaq: EASI), has been awarded a $16.3 million, firm-fixed-price redetermination contract to provide 272 armor protection kits for the U.S. Army's Family of Medium Tactical Vehicles (FMTV). The U.S. Army Program Executive Office, Combat Support and Combat Services Support (PEO, CS&CSS) awarded the contract through the Tank-automotive and Armaments Command (TACOM) in Warren, Michigan, for Operational Unit Force Protection.
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The current order is expected to be completed by June 2004. The Company's Systems & Electronics Inc. facility at West Plains, Missouri, will be providing packaging for and shipment of the kits.
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