Xe

(Newser) - The US overpaid Blackwater by $55 million for its security work in Iraq, a government audit has found. The company, since renamed Xe, didn't employ enough guards, medics, and other personnel to protect high-level officials but still collected full payment from the State Department, the Wall Street Journal reports. "...

(Newser) - Blackwater’s turbulent term in Iraq ends today with the expiration of its contract, CNN reports. The US opted not to renew the firm’s security services deal in January after Iraqi officials denied it a renewed operating license in the wake of a 2007 shooting in a public square....

(Newser) - Washington refused to renew Blackwater's contracts in Iraq, and Baghdad told the company to get out—but that doesn't mean it's actually left, the AP reports. The private mercenary firm, now called Xe, still runs ground operations and provides air security for US convoys, and may continue doing so until...