The Rise of the Private Military and Security Industry

... growing presence and operations of non-state actors like multinational oil/gas companies and non-governmental organizations (NGOs), as well as the resurfacing of inter- and intra-state tensions that had been curbed during the Cold War. Quite naturally,... ... companies (1); in 2009 alone, the annual figure was more than $100 billion, which accounted for 23% of the total defense budget. (2) Iraq, the focal point of PMSCs’ operations for over a decade now, saw the greatest influx of private security contractors: ...