Blackwater To Lose Up To Half Its Income

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Blackwater is set to lose its State Department contract next month, the cash cow that transformed a small firearms training firm in North Carolina into a global private security concern. The loss of the contract, according to a State Department official quoted by the Middle East Times, means that Blackwater (recently renamed “Xe”) will lose up to half of its income. As Dan Schulman and I have reported, the firm is looking to other crisis areas to make up the difference, namely Africa, but it’s difficult to imagine that the dollar spicket there will ever rival security contracting’s halcyon days in Iraq. The Middle East Times piece goes on to argue that the need for Blackwater, which ultimately undid itself by killing 17 Iraqis in a Baghdad traffic circle in September 2007, was the result of gross mismanagement and lack of preparation by American officials early on in the occupation. Worth a read.

A BETTER WAY TO DO THIS?

We have an ambitious $350,000 online fundraising goal this month and we can't afford to come up short. But when a reader recently asked how being a nonprofit makes Mother Jones different from other news organizations, we realized we needed to lay this out better: Because "in absolutely every way" is essentially the answer.

So we tried to explain why your year-end donations are so essential, and we'd like your help refining our pitch about what make Mother Jones valuable and worth reading to you.

We'd also like your support of our journalism with a year-end donation if you can right now—all online gifts will be doubled until we hit our $350,000 goal thanks to an incredibly generous donor's matching gift pledge.

payment methods

A BETTER WAY TO DO THIS?

We have an ambitious $350,000 online fundraising goal this month and we can't afford to come up short. But when a reader recently asked how being a nonprofit makes Mother Jones different from other news organizations, we realized we needed to lay this out better: Because "in absolutely every way" is essentially the answer.

So we tried to explain why your year-end donations are so essential, and we'd like your help refining our pitch about what make Mother Jones valuable and worth reading to you.

We'd also like your support of our journalism with a year-end donation if you can right now—all online gifts will be doubled until we hit our $350,000 goal thanks to an incredibly generous donor's matching gift pledge.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate