Xe, the company formerly known as Blackwater, hopes to win a contract to train Afghanistan?s national police force.
The latest Fortune magazine offers an update (not yet linked online) of the Moyock company?s efforts:
The contract in Afghanistan, which the Pentagon will award early next year, could go a long way in improving Xe?s financial outlook. [CEO Joseph] Yorio tells Fortune the company lost half its revenue when it left Iraq. (The private company won?t disclose figures, but sources say at its peak Blackwater had annual sales north of $1 billion.)
If you?re interested in a little more history, check out Jean Palmer-Moloney?s 2008 presentation to the John Locke Foundation?s Shaftesbury Society.
