13 October, 2007

contributors to the Republican Party

Federal government officials generally have declined to discuss contractual arrangements with the company. As a private corporation, Blackwater does not have to divulge such details.

Public procurement data show that over the past six years, about half of Blackwater's federal contracts were awarded with little or no competition from other companies, according to a congressional report.

In a decade, Blackwater's revenue from federal government contracts has grown exponentially, from less than $100,000 to almost $600 million last year.

The organization most people think of as Blackwater is actually a collection of companies with Prince and his McLean-based holding company, the Prince Group, at the top. Prince, a former Navy Seal and heir to an industrial fortune, owns everything. He and his family are also big contributors to the Republican Party. Are you surprised?

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