Kuwait and Gulf Link Transport Co (KGL) said it has bid for US army contract tenders, but no winners have been announced yet.

"The size or the durations of the contracts cannot be predicted now ... the durations vary between one and four years," KGL said in a statement on the Kuwaiti bourse website.   

Recently several Kuwaiti papers have carried unsourced reports about KGL and its unit KGL Logistics Co winning US army contracts of up to $1 billion.

KGL now competes with major rival Agility, the principle food supplier to the US military in Kuwait and Iraq, which has been suspended from US government contracts pending the outcome of a grand jury indictment.

Agility, formerly Public Warehousing Co (PWC), was indicted by a US grand jury in Atlanta in November for allegedly overcharging the US Army over 41 months on $8.5 billion in contracts to provide food to soldiers in Iraq, Kuwait and Jordan.

In February, Agility said it was negotiating with US authorities to resolve the indictment. - Reuters