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L-3 Successfully Completes Spin-Off of EngilityL-3 Communications announced today that it has successfully completed the previously announced spin-off of its subsidiary, Engility. L-3 shareholders of record as of July 16, 2012 received one share of Engility common stock for every six shares of L-3 common stock held on the record date.

The spin-off has been structured to qualify as a tax-free distribution to L-3 shareholders for U.S. federal tax purposes, except for cash received in lieu of fractional shares. Following the spin-off, L-3 will report Engility financial results as discontinued operations beginning with L-3's 2012 third quarter, along with all prior periods.

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CONTRACTOR SUPPORT OF U.S. OPERATIONS IN THE USCENTCOM AREA OF RESPONSIBILITY TO INCLUDE IRAQ AND AFGHANISTAN

 

BACKGROUND:  This update reports DoD contractor personnel numbers in theater and outlines DoD efforts to improve management of contractors accompanying U.S. forces.  It covers DoD contractor personnel deployed in Afghanistan (Operation Enduring Freedom (OEF), Iraq, and the U.S. Central Command (USCENTCOM) area of responsibility (AOR).

KEY POINTS: In 3rd quarter FY 2012, USCENTCOM reported approximately 137,000 contractor personnel working for the DoD in the USCENTCOM AOR.  This was approximately a 10.5% decrease from the previous quarter.  The number of contractors outside of Afghanistan and Iraq make up about 11.5% of the total contractor population in the USCENTCOM AOR.  A breakdown of DoD contractor personnel is provided below:

DoD Contractor Personnel in the USCENTCOM AOR

Total Contractors

U.S. Citizens

Third Country Nationals

Local/Host Country Nationals

Afghanistan Only

113,736

30,568

35,118

48,050

Iraq Only*

7,336

2,493

2,956

1,887

Other USCENTCOM Locations

15,829

7,049

8,157

623

USCENTCOM AOR

136,901

40,110

46,231

50,560

*Includes DoD contractors supporting U.S. Mission Iraq and/or Office of Security Cooperation-Iraq 

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Since the January 2010 earthquake in Haiti the demand for private security in Haiti has surged, says a new report from the Centre for International Governance Innovation.The study finds that while many countries rely heavily on private security companies to protect people and property, Haiti stands out for its heavy use of private contractors while providing little effective government oversight.

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