Feral Jundi

Monday, July 21, 2008

News: Blackwater Plans Shift From Security Business

Filed under: News,PMC's — Tags: , , — Matt @ 6:37 PM

     I figured I would post this, because it is making the rounds out there.  I apologize for posting two Blackwater stories back to back, but this thing just popped up and deserves some attention.

 

      I tend to think that Blackwater will do what it can to get the job done with their other companies like Greystone and Presidential Airways, and their partnerships with all sorts of little companies out there.  I do not see them getting out of the business of anything really.  I do see them shifting company responsibilities, and that is about it.  –Head Jundi 

 

 

    

Blackwater plans shift from security business

MOYOCK, N.C. (AP) — Contractor Blackwater Worldwide plans a shift away from the private security business that brought it unwelcome attention following a deadly shooting in Baghdad last year.

Executives told The Associated Press Monday that the negative media coverage and intense government scrutiny has made the cost of doing business too high. They say the company has unfairly come to symbolize all Iraq contractors and thus is a flash point for those opposed to the war.

Blackwater contractors are under investigation for their involvement in a shooting in Baghdad in September that left 17 Iraqis dead.

Regardless of the outcome of that case, Blackwater executives say the company will survive with a focus on international training, aviation and construction.

AP Link Here

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