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Aegis Executives Bail Out - London Print
11 May 2007 - Intelligence Online

A number of leading executives of Aegis Defense Services, a private security firm founded by Tim Spicer, have left the company as it waits to see whether its lucrative contract to manage seven American Reconstruction Operations Centers (ROC) in Iraq will be renewed. In addition to Lou Possanza, head of Aegis' American affiliate, who left at the end of last year, Steve Brooking and Johnny Farr have also bailed out. Brooking ran Aegis' office in Afghanistan while Farr represented the firm in Iraq. Aegis' director for the Middle East, Dubai-based Jan de Haldevang, has also quit.
The wave of resignations has coincided loosely with a protest by the U.S. firm Blackwater and Britain's Erinys to the Government Accountability Office (GAO) in the U.S. The two were competing with Aegis for the ROC contract but their bids were eliminated in the preliminary stages in the tender.

The contract was initially to have been awarded on May 10 but the decision may now be put back by three to six months to allow the GAO to examine the two protests. In the meantime, and at the behest of the Democrat representative from Ohio, Marcy Kaptur, officials from the Special Inspector General for Iraq Reconstruction announced that they would conduct an audit of Aegis' activities in Iraq.
 
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