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Companies : Company News



Companies : Company News
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

Companies : Company News
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

Companies : Company News
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

Companies : Company News
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

Companies : Company News
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

Companies : Company News
Espada Logistics and Security Group Expands Its Maritime Security Operations to Combat Pirates in the Gulf of Aden
Espada Logistics and Security Group a privately held company, announced today that it has expanded its base of operation from South America to the Gulf of Aden by providing onsite security and consulting services to the maritime industry.
Thursday, December 11, 2008

Companies : Company News
Blackwater Addresses Questions Concerning Inaccurate Media Stories Regarding Weapon Shipments
Blackwater Worldwide today sought to clarify misinformation stemming from several inaccurate media reports that have surfaced recently. These reports -- which contain plainly false allegations -- cite only anonymous government sources, anonymous former employees, and former employees who were fired by Blackwater for stealing weapons from the company.
Saturday, November 15, 2008

Companies : Company News
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

Companies : Company News
L-3 Selects IBM for Special Operations Command Logistics Support Contract Team
L-3 Communications announced today that it has selected IBM Global Business Services as a partner in its plan to retain its logistics support contract with the U.S. Special Operations Command (USSOCOM).
Wednesday, September 17, 2008

Companies : Company News
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

Companies : Company News
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

Companies : Company News
Army Times: Blackwater CEO responds to firm’s controversial reputation, place in military operations
In a July 7 meeting with the Military Times editors and reporters, Erik Prince vigorously defended his company, which he said had a guiding principle of “operational excellence.”
Wednesday, July 16, 2008

Companies : Company News
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

Companies : Company News
Aegis, Mission Essential Personnel Changes Name
Aegis MEP has formally changed its name to Mission Essential Personnel, effective immediately. Mission Essential Personnel recently moved to expanded offices at 4343 Easton Commons, Columbus, Ohio. There will be no change in the Central Contractor Registration (CCR), DUNS, IRS or other company data.
Tuesday, June 10, 2008

Companies : Company News
Several say DynCorp misled them about jobs in Qatar
Michael Bates thought he was doing a good thing for himself and his country when he took a job with DynCorp International in July 2005 as a security guard at a U.S. military base in Qatar. Now, after working for two years in Qatar and ultimately suing DynCorp over its promises, Bates says he and others were misled.
Monday, June 9, 2008

Companies : Company News
Blackwater Addresses Questions Concerning San Diego Training Facility
Blackwater Worldwide today sought to clarify misinformation and alleviate concerns that have surrounded a planned San Diego training facility. Recent news reports have cited questions from city officials and members of the community to which Blackwater would like to respond.
Friday, May 23, 2008

Companies : Company News
CHS Announces International Expansion
Comprehensive Health Services, Inc. (CHS), a leading national workforce health management company, today announced a major global expansion with the launch of its new subsidiary, Comprehensive Health Services International, Inc. As its first contract, CHS International will provide medical support to approximately 9,000 interpreters and subcontractors working with United States government affiliates in the Middle East.
Thursday, May 22, 2008

Companies : Company News
An islands tax haven for US defense contractor CSA
When the Pentagon announced an obscure California company had won a lucrative military contract, no one mentioned any plans for a Caribbean outpost - a tropical shell the company quickly created that allowed it to duck millions in taxes and deflect U.S. lawsuits.
Thursday, May 8, 2008

Companies : Company News
Shell firms shielded US contractor MPRI from taxes
In March 2005, Virginia-based MPRI, founded by retired senior military leaders - won a $400 million contract to train police in Iraq and other hotspots. Two months later, MPRI set up a company in Bermuda to which it subcontracted much of the work. Tax lawyers say that MPRI appears to be sidestepping scrutiny by hiring workers through offshore entities based outside the jurisdiction of the Internal Revenue Service.
Sunday, May 4, 2008

Companies : Company News
DynCorp International Establishes New Business Segment
DynCorp International (NYSE:DCP) has realigned its organization by establishing a third business segment. The company had been operating with two business segments, Government Services (GS) and Maintenance and Technical Support Services (MTSS). Under the new alignment, the company will have three reporting segments, International Security Services (ISS), Logistics and Construction Management (LCM) and MTSS.
Wednesday, April 2, 2008



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