OVERSEAS INTEL

professional-overseas-contractors
What happens when America outsources its craziest security assignments to a private contractor, then throws him under the bus?

The Wall Street Journal sat down — in Hong Kong — with Erik Prince, former CEO of the notorious Blackwater firm. Guess what he’s doing there?

"Now, sitting in a boardroom above Hong Kong’s Victoria Harbour, he explains his newest title, acquired this month: chairman of Frontier Services Group, an Africa-focused security and logistics company with intimate ties to China’s largest state-owned conglomerate, Citic Group. Beijing has titanic ambitions to tap Africa’s resources—including $1 trillion in planned spending on roads, railways and airports by 2025—and Mr. Prince wants in."

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professional-overseas-contractors
DynCorp has been hard hit by the military drawdown in Afghanistan and Iraq, with its sales dropping half by within the last year. U.S. and its allies cut orders for services such as training and maintaining military equipment and facilities to the giant defense firm.

After a few questionable replacement for the executive role with the company Delta Tucker Holdings, Inc., the parent company of DynCorp International, Inc. (DI), released that Lewis “Lou” F. Von Thaer has been named chief executive officer (CEO) last week. Von Thaer will replace Jim Geisler, who will step down as interim CEO to take on a new role as non-executive chairman of the Board of Directors.
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“We are delighted to have Lou Von Thaer lead the Company going forward,” said Delta Tucker Holdings, Inc.’s lead director Chan Galbato. “Lou brings a track record of success and deep knowledge of adjacent markets. Lou’s talents will be additive to an already strong management team.”

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professional-overseas-contractors
Today, SIGAR published an inquiry into the Tarakhil Power Plant outside of Kabul. The letter inquires as to the power plant’s ability to supply Kabul with back-up power, given the $335 million investment made by USAID, and reports of electrical shortages in Kabul following avalanches in northern Afghanistan in February 2015.

The letter notes:

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