. Military Space News .

Once called Blackwater, firm changes name again
by Staff Writers
Washington (AFP) Dec 12, 2011

The US security firm formerly known as Blackwater, which was barred from Iraq over a deadly 2007 shooting, renamed itself a second time Monday.

USTC Holdings, the investor consortium that acquired ex-Blackwater firm Xe Services in December 2010, announced ACADEMI as the new name and brand for Xe Services.

The rebranding came as President Barack Obama met with Iraqi Prime Minister Nuri al-Maliki Monday, marking America's exit from a war launched to oust Saddam Hussein.

"We have had a year of extraordinary changes that have resulted in a new, better company," ACADEMI president and chief executive Ted Wright said in a statement.

"I know that everyone at ACADEMI shares in this commitment to promote the highest standards of ethical conduct, compliance and integrity in all of our activities.

"We are already the best operationally. We are going to become the best at governance," Wright said, adding "we still have much work to do."

ACADEMI said it had trained more than 50,000 personnel and had conducted more than 60,000 protective security missions around the globe during the last seven years.

"Not a single protectee has been lost or critically injured, a record of excellence that no other company in the industry can match," said the company, based in a Virginia suburb of Washington.

Obama held talks with Maliki at the White House as the last US troops in Iraq prepared to leave this month, ending a nearly nine-year presence following the US invasion.

Several hundred civilian contractors will remain in Iraq to help train Iraqi forces under the authority of the US embassy in Baghdad.

Part of the troubled legacy of the war was a deadly 2007 incident involving the US security firm then known as Blackwater.

Blackwater renamed itself Xe after Iraq announced in January 2009 that it would not renew its operating licence due to a September 16, 2007 incident in which guards protecting a US diplomatic convoy opened fire in Baghdad's busy Nisur Square, killing at least 14 civilians.

After that announcement, the US State Department did not renew its contract with Blackwater for security services in Iraq.

In an interview with The Wall Street Journal published Monday, Wright said he would like to take ACADEMI's business back to Iraq and the firm had hired an outside company to help it apply for an operating license there.

"I think eventually, we're going to get a license; we're going to do business in Iraq," he said.

Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com

Get Our Free Newsletters Via Email
Buy Advertising Editorial Enquiries


. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Austria balks at selling 2nd hand tanks to Canada: report
Vienna (AFP) Dec 12, 2011
Austria is in talks to sell 40 second-hand Leopard 2A4 tanks back to their German manufacturer after Vienna balked at the Canadian military buying them, a press report said Monday. Austrian defence ministry spokesman Michael Bauer confirmed only that talks with the firm, Krauss-Maffei Wegmann, were "going well, although nothing has been signed yet." The Austrian daily Kronen-Zeitung said ... read more

NATO, Russia fail to defuse missile defence row

Medvedev to talk missile shield in Prague

Medvedev arrives in Prague for missile shield talks

Russia warns on missile shield as NATO meets

5,000 surface-to-air missiles secured in Libya: US

Missile on schedule for 2018 deployment

Raytheon Awarded Contract for NASAMS High-Mobility Launchers for Norway

Seoul shopping for cruise missiles

We will reverse-engineer US drone: top Iranian MP

Obama demands Iran return downed US drone

Obama demands Iran return downed US drone

US drone now Iran's 'property': defence minister

Satellite Tracking Specialist, Track24, wins Canadian Government Contract

Airman brings space to ground forces

Astrium achieves Initial System Acceptance on Yahsat programme

Northrop Grumman Awarded Microscale Power Conversion Contract

Israel fears F-35 delay, upgrades F-16s

Japan chooses F-35 as mainstay fighter jet: reports

Raytheon Awarded Contract For Advance Thermal Imagers Manufacturing

Plextek picks tracking technology supplier

Britain says France defence deal intact despite EU row

Once called Blackwater, firm changes name again

Austria balks at selling 2nd hand tanks to Canada: report

Top woman at Pentagon to step down: Panetta

Russia may boycott NATO summit: ministry

NATO seeks to mend fences with Russia on missile shield

US denies seeking to 'contain' China

NATO allies meet amid tensions with Russia, Pakistan

Rheinmetall demonstrates laser weapons

LockMart Directed Energy Leader Receives Purdue's Outstanding Aerospace Engineer Award


The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement