Global Security News

The Wall Street Journal reported today that MVM Inc., a Virginia based security firm, lost its contract providing personal security details to the CIA in Iraq. According to the article, the agency’s decision not to re-award the Psd contract to MVM was based on MVM’s failure to provide the staffing levels as required by the [...]

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MVM Inc., one of the biggest security contractors used by U.S. intelligence agencies, has lost the bulk of a Central Intelligence Agency contract in Iraq after failing to provide enough armed guards, according to company emails and contractors familiar with the decision.
The loss of the CIA contract, which was potentially worth more than $1 billion over five years, is a big blow to closely held MVM, based in Vienna, Va. Overseas work for U.S. intelligence agencies represents a third of the company's $200 million in annual revenue and is believed to be one of the fastest-growing areas of the contracting business.
Intelligence officers needing protective services are likely to remain in Iraq even after U.S. troops leave, so demand for such services will continue or possibly increase. The CIA's largest foreign station is in Baghdad, with hundreds of officers estimated to be based there. The loss of the contract will likely hurt MVM's chances of winning further work with the agency.
"We are disappointed to announce that the client has not chosen MVM Inc.," Rob Whitfield, who manages MVM's CIA work, wrote to the company's pool of guards on Aug. 22, according to a copy of the email viewed by The Wall Street Journal