This article is included in these additional categories: Ammunition | Asia - Central | Europe - Other | Events | Other Corporation | Policy - Procurement | Scandals & Investigations | USA
AEY’s Ammunition: Ain’t An April Fools, Alas
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AEY Betrayal?(click to view full) Reports surfaced in late March 2008 that a company with several hundred million dollars worth of contracts, acting as the main supplier of munitions to Afghanistan’s army and police forces, has been delivering substandard ammunition and violating military export regulations. It operated out of an unmarked office in Miami Beach, FL, and employed a 22 year old licensed masseur as its Vice President. Naturally, a number of readers recommended it as DID’s lead April Fool’s Day story. Unfortunately, the story is not a joke. In March 2007, “$298M to AEY for Ammo in Afghanistan” covered one of the firm’s key contracts. As of March 25/08, however, AEY, Inc. is barred from future contracts with any agency of the US government, and is under investigation by the Department of Defense’s inspector general and by Immigration and Customs Enforcement. Complaints include the quality and origins of ammunition it provided, and allegations of corruption. Now an investigation by Government Executive Magazine may help shed light on how the firm was able to win the contracts it received. Apparently, it helps to be a “small, disadvantaged business”… AEY’s M.O. Policeman, Sabari(click to view full) Reports indicate that AEY shopped […]
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