"We believe it is imperative to have our Iraqi partners on point in both
the security and development phase to support TFBSO and its members,"
TigerSwan chief executive officer James Reese said.
The contract was awarded amid a drive by the Iraqi Interior Ministry to
restrict U.S. and other Western security companies. In February 2010, Iraqi
security forces raided several foreign security contractors that were
believed to have stored weapons without a license.
The task force has more than 400 staffers. Under the $12 million
contract, TigerSwan would provided security personnel in cooperation with
Iraq's Babylon Eagles Security Co.
"We are fortunate to be teamed strategically with Iraqi companies such
as Babylon Eagles Security Co., which will provide a large number of
personnel to our multi-cultural security teams," Reese said on March 2.
"We also have a strong presence regionally, and are continually
learning," Reese said. "With our newly formed TigerSwan JO company in Amman,
Jordan, and TigerSwan International in Riyad, Saudi Arabia, we look forward
to strengthening those ties through this business opportunity."