Kuwait's Kipco Asset Management (Kamco) and Dubai-based Anham FZCO will set up a joint logistics company to execute Anham's prime vendor contract to supply the US Army, Kamco chief executive said.
The US government replaced A
The US Defense Logistics Agency (DLA) has extended a warehousing and distribution contract for Kuwait's Agility by six months, the firm said in a statement on Monday.
"(DLA) has awarded them (Agility) six months extension starting Septembe
Anham FZCO, which took over a $2.2 billion US military supply contract from Kuwait's Agility this month, is bidding for up to 30 contracts to provide food and supporting services to the US armed forces, its managing director said.
Logistics firm Agility, which lost a US military contract over fraud charges, played down suggestions it was close to a settlement just as a dispute broke out over the re-awarded contract.
The US government has replaced Agility as the main
Dubai-based Anham, an investment holding and services company, said it has clinched a $2.2 billion US government contract to provide food and support services for its troops in Kuwait, Iraq and Jordan.
Anham is a leading contractor in