Corporate takeover

Two Security Firms Win Big Iraq Contracts

Iraq Business News reports (May 6^th): Two more security firms have won contracts worth hundreds of millions of dollars to build the State Department a private army in Iraq, according to a report from Wired’s ‘Danger Room’.

Contractors Triple Canopy and newcomer Global Strategies Group will contribute to the State Department’s planned protection force of 5,500 contractors.

http://www.iraq-businessnews.com/2011/05/06/two-security-firms-win-big-iraq-contracts/

US doles out billions to mercenaries in Iraq

Press TV reports (May 6^th): Private security firms stand to earn at least $3 billion guarding diplomats in Iraq.

In September, the State Department announced a list of eight security companies that will be allowed to bid on a range of "task orders" for security jobs around the world.

Triple Canopy is in line to make $1.53 billion protecting State Department personnel at work, at home and when they travel, while SOC has a deal for $973 million to guard the Baghdad embassy itself. The British firm Global Strategies Group has been hired to protect diplomats at the consulate general in the southern city of Basra for $401 million.

http://www.presstv.ir/usdetail/178592.html