Iraq contractors make billions on the front line

CNN

06/12/06

Private military contractors are earning billions of dollars in Iraq -- much of it from U.S. taxpayers. Business is booming for those willing to tackle one of the most dangerous jobs on Earth. Lucrative U.S. government contracts go to firms called on to provide security for projects and personnel -- jobs that in previous conflicts have been done by the military. A single contract awarded to Britain's AEGIS Specialist Risk Management company by the Pentagon was worth $293 million, and while the government says it cannot provide a total amount for the contracts -- many of which are secret -- industry experts estimate Iraq's security business costs tens of billions of dollars...

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