Overseas Civilian Contractors

News and issues relating to Civilian Contractors working Overseas

Blackwater gets an even bigger makeover “ACADEMI”

By Suzanne Kelly, CNN

Suzanne Kelly Simons is a CNN Senior National Security Correspondent and author of Master of War: Blackwater USA’s Erik Prince and the Business of War

The company once known as the world’s most notorious private security contractor, Blackwater, is changing its name and its look once again in a bid to prove that it has outgrown its toxic reputation.

Renaming the company “ACADEMI” tops a number of changes that have been made by a private equity consortium that purchased the company from former owner Erik Prince last year.

“The message here is not that we’re changing the name,” said Ted Wright, who came on as the new company CEO in June. “The message is that we’re changing the company, and the name just reflects those changes. We have new owners, a new board of directors, a new management team, new location, new attitude on governance, new openness, new strategy – it’s a whole new company.”

Blackwater was dogged by controversy as it rose from a training facility in Moyock, North Carolina, in the late ’90s, to a private security powerhouse at the height of the war in Iraq. But as business boomed, so did the demand for growth, and rules regarding issues like compliance and governance were sometimes not followed. There were also accusations that some Blackwater guards operating in Iraq’s virtually lawless environment were heavy-handed, and then a deadly shooting in a Baghdad traffic circle in 2007 was the beginning of the end for the company

Please read the entire post at CNN

December 12, 2011 - Posted by | Blackwater, Civilian Contractors, Private Security Contractor | , , , , ,

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