BP Has More Than $2 Billion in Defense Awards Set to Expire

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BP Plc, suspended from winning new U.S. government contracts for its role in the biggest oil spill in the nation’s history, has military deals with a potential value of more than $2 billion set to expire in the next two years.

The British oil company has at least 11 awards that will be up for competition, said Mimi Schirmacher, a spokeswoman for the Defense Logistics Agency, which buys most of the Pentagon’s fuel.