Overseas Civilian Contractors

News and issues relating to Civilian Contractors working Overseas

Blackwater 3.0: Rebranded ‘Academi’ Wants Back In Iraq

by Spencer Ackerman at Wired’s Danger Room   December 12, 2011

So much for naming your mercenary company after an obscure element from the periodic table.

Say goodbye to Xe. The company formerly known as Blackwater — the world’s most infamous private security corporation — has jettisoned the name it chose in its 2009 rebrand. Now the “security solutions provider” wants to wash away the taint of the 2007 Nisour Square shootings by adopting the new name “Academi.”

But the company is changing its name — not its core business. And it even wants back into the country where it ran its brand through the mud: Iraq.

“Our focus is on training and security services. We’re continuing that,” new CEO Ted Wright tells Danger Room. “We’re not backing away from security services. The lion’s share of our business today is providing training for security services and [providing] security services.”

If Blackwater — sorry, Academi – was a sports franchise, you’d consider 2011 its rebuilding year. A consortium of investors close to the family of founder Erik Prince bought the company in late 2010, and spent 2011 putting together its new leadership team. It brought on board former Attorney General John Ashcroft, Bill Clinton consigliere Jack Quinn and Suzanne Folsom from the insurance giant AIG. Wright came from military-services giant KBR. Notice a pattern? All have deep experience with crisis management.

Notice another pattern: all of those hires either worked in senior government positions or worked closely with those who did. That signals confidence in the company’s traditional business — getting big government contracts to protect diplomats, aid workers and even the military in dangerous places. On its new website, Academi says providing “stability and protection to people and locations experiencing turmoil” is its “core” business. New name; same wheelhouse.

Please read more at the Danger Room

December 12, 2011 - Posted by | Blackwater, Civilian Contractors, Contractor Corruption, Contractor Oversight, Follow the Money, Iraq, Private Military Contractors, Private Security Contractor, Xe | , , , , , ,

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