Blackwater plans shift from security business
MOYOCK, N.C. (AP) - July 21, 2008 Executives told The Associated Press Monday that the negative
media coverage and intense government scrutiny has made the cost of
doing business too high. They say the company has unfairly come to
symbolize all Iraq contractors and thus is a flash point for those
opposed to the war.
Blackwater contractors are under investigation for their
involvement in a shooting in Baghdad in September that left 17
Iraqis dead.
Regardless of the outcome of that case, Blackwater executives
say the company will survive with a focus on international
training, aviation and construction.
