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BLACKWATER
Academi, formally Blackwater, is an American private military company founded in 1997 by former Navy SEAL officer Erik Prince as Blackwater, renamed as Xe Services in 2009 and known as Academi since 2011 after the company was acquired by a group of private investors.
Blackwater Worldwide played a substantial role during the Iraq War as a contractor for the United States government. In 2003, Blackwater attained its first high-profile contract when it received a $21 million no-bid contract for guarding the head of the Coalition Provisional Authority.
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