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DynCorp Re-Aligns Business Segments, Appoints New Executive
DynCorp International has reorganized its business segment structure and became effective April 4, 2009. Under the new alignment, the three prior business segments of International Security Services (ISS), Logistics and Construction Management (LCM) and Maintenance and Technical Support Services (MTSS) are realigned into three new segments.
Tuesday, April 7, 2009
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KBR moves forward, one step at a time
With the global economy in a tailspin, KBR is feeling pressure as customers delay or reduce spending on large-scale energy projects for which the company is known. It also expects less U.S. troop-support work in the Middle East as a new contract is divvied up among several firms and the Obama administration moves to withdraw from Iraq
Tuesday, March 17, 2009
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Xe returns to roots after 'implosion in the swamp'
Facing stiff headwinds from the new administration in Washington and the impending loss of its biggest government contract, the company formerly known as Blackwater is remaking itself into a smaller, more narrowly focused enterprise.
Sunday, March 15, 2009
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Erik Prince & Gary Jackson Step Down at Xe
Erik Prince, who founded security contractor Blackwater Worldwide is stepping down as chief executive of the parent company. The 39-year-old Mr. Prince will retain his post as chairman but move away from daily oversight of the company he started 11 years ago.
Monday, March 2, 2009
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Mine-clearing business has explosive potential
It's a sad fact that clearing unexploded ordnance is one of the world's great growth industries. At current rates of progress, it would take about 1,000 years to remove all the mines and bombs that menace the hot spots of the world — and that's if no-one plants any more in the meantime — so there is plenty of work for those with the courage and expertise to do it.
Sunday, February 22, 2009
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Blackwater starts rebranding, officially changes name
Blackwater Worldwide is abandoning its tarnished brand name as it tries to shake a reputation battered by oft-criticized work in Iraq, renaming its family of two dozen businesses under the name Xe. The parent company's new name is pronounced like the letter "z."
Saturday, February 14, 2009
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GLS interpreters in Iraq threaten to strike over pay cuts
U.S. interpreters in Iraq are threatening to strike over pay cuts that their employer, Global Linguist Solutions, is imposing because of changes to a contract it signed with the U.S. Army Intelligence and Security Command.
Monday, February 2, 2009
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VSE Opens Military Vehicle Repair and Refurbishment Facility in Kuwait
VSE Corporation held a ribbon-cutting ceremony this week for a new 900,000-square foot Route Clearing Vehicle (RCV) refurbishment complex. VSE serves as the prime contractor for the RCV Fleet Modernization Program in Iraq and Afghanistan to improve the U.S. military's defense against roadside mines and Improvised Explosive Devices (IEDs).
Saturday, January 31, 2009
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Official: Blackwater's Iraq deal not to be renewed
The State Department said Friday it will not renew Blackwater Worldwide's contract to protect American diplomats in Iraq when it expires in May. "The department notified Blackwater in writing on Jan. 29 that it did not plan to renew the company's existing task orders for protective security detail in Iraq," said Joanne Moore, a State Department spokeswoman.
Saturday, January 31, 2009
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Iraq to Deny New License To Blackwater Security
The Iraqi government has informed the U.S. Embassy in Baghdad that it will not issue a new operating license to Blackwater Worldwide, the embassy's primary security company, which has come under scrutiny for allegedly using excessive force while protecting American diplomats, Iraqi and U.S. officials said Wednesday.
Thursday, January 29, 2009
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DynCorp Announces Second Quarter and Record First Half Fiscal Year 2009 Results
Results for the quarter exceeded expectations across the Company's core business areas with the exception of the Afghanistan construction contracts within the Logistics and Construction Management segment. Due to several challenges including the significantly deteriorating security situation, management has determined that several of these contracts will operate at a loss or at margins approaching zero over the contract term and that the Company is unlikely to bid similar contracts without revised terms and conditions.
Thursday, November 6, 2008
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CIA Curtails Contract With U.S. Security Firm in Iraq
MVM Inc., one of the biggest security contractors used by U.S. intelligence agencies, has lost the bulk of a Central Intelligence Agency contract in Iraq after failing to provide enough armed guards, according to company emails and contractors familiar with the decision. The CIA awarded the more profitable work-protecting officers traveling around the country to a Nevada company, SOC Inc.
Thursday, August 28, 2008
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Blackwater plans shift from security business
Blackwater Worldwide said Monday that it planned a shift away from the security contracting business that earned it millions of dollars and made it a flash point in the debate over the use of security contractors in war zones.
Tuesday, July 22, 2008
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Blackwater states its case
BW owner Erik Prince, company President Gary Jackson and spokeswoman Anne Tyrrell came to Raleigh on Wednesday as part of a public relations campaign. The executives, who had requested the meeting with a group of News & Observer editorial board members, editors and reporters, defended their company's reputation Wednesday.
Thursday, June 19, 2008
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