Here's a little hunk of it…
The Defense Department put U.S. troops in Iraq at risk by awarding contracts for badly needed armored vehicles to companies that failed to deliver them on time, according to a review by the Pentagon's inspector general. The June 27 report, obtained Wednesday by The Associated Press, examined 15 contracts worth $2.2 billion awarded since 2000 to Force Protection Inc. and Armor Holdings Inc.
The contracts were issued without the normal competition for government work because the military determined these companies were the only ones capable of supplying the vehicles fast enough to meet the demands of deployed troops. Yet the inspector general's report concluded otherwise.
Overall, Force Protection of Ladson, S.C., received 11 contracts from the Army and Marine Corps worth $417 million for a variety of vehicles, including its Buffalo and Cougar mine-resistant trucks. Force Protection failed to meet all delivery schedules, according to the report, and acquisition officials knew there were other manufacturers that might have supplied some of the vehicles in a more timely fashion. The report does not provide the names of those possible alternative sources.
You can read the whole story here. If you can stand it.