11/24/2012

Headline November25,2012

"WAR:
THROUGH A PRIVATE LIMITED COMPANY"




''We were ambushed,'' explains Tim Fowler. ''So, I had to make sure that the rest of the team got through the killing zone while I suppressed the enemy!''

This is a typical scene from the Middle East fighting zone and the narrator has never seen a Rig and has no Engineering skills. Tim Fowler is a private security contractor.

In 2005, he ran ''HeartGuard'' a team of over 100 former soldiers -some from the French Foreign Legion, some from South Africa Special Forces, some from Chile and some from the UK -who offered protection to the various private companies working on rebuilding shattered Infrastructures.
With the US army too stretched, its left to private security companies to pick up slack -and I dare say, earn a real tidy dollar for so doing.


The world is changing at a fast clip! A private security company can provide protection, aid a government or even fight a war.

Despite the scandals. there's a booming business in having your own private army!

The future for sure is very interesting. And so is the journey that bought this remarkable transformation. Here is a primer:

Private security contractors grew from the ''mercenary'' organisations of the Sixties and Seventies. When the cold war drew to an end in the late Eighties, and there were suddenly hundreds by hundreds of soldiers on the market as just as East and West stopped playing Nuclear Chess in Africa. In the resulting civil wars, private security companies such as Executive Outcomes and Sandline stepped in where the UN refused to go.

Scandals followed, with the likes of the-arms-to-Africa affair, but the new-look industry claims to be cleang up its act and is winning huge deals from the Pentagon -such as Military Professional Resources Inc's 2007 contracts totalling $1.7 billion- this included Armor Group's $30 million a year deal to to guard the UK embassy in Kabul.

The private Military and Security is now a huge global player. In 2004,its worldwide income reached an estimated $100billion, and, at the last count, there were some 900 security companies across the globe, from Secopex in Paris, Levdan in Israel, Praesidia Defense in Munich, Unity Resources in Dubai, Diamond Works in Canada, Omega Group in Norway to Black Oak Security in Poland.

Although much of their work at the start of the century was based around the Iraq bubble, most of the canny operators are now moving into the corporate sector!

Recently, the Russian Energy Giant Gazprom announced plans to run its own armed protection teams to defend its installations and pipelines - and the other companies have similar ideas.

''The driving force behind our Industry has been Globalisation,'' says Andreas Carleton-Smith, Managing Director of Control Risks Group then.
''Companies are being driven to more exotic, opaque, complex and dangerous markets where the rule and lack of transparency lead to marked increase in corruption, fraud and terrorism.''

Stay with the suspense and Catch ya all tomorrow on this unique continuing post

Good Night & God Bless!

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