ArmorGroup
| Private military security firm | |
| Industry | Government contracting |
| Founded | 1981 |
| Headquarters | London, United Kingdom |
|
Key people
|
Matthew Brabin, M.D. Noel Philp, Chief Operating Officer |
| Revenue | US$ 295 million |
| US$ 9.2 million | |
| Profit | US$ 7.1 million |
|
Number of employees
|
8,500 |
| Website | www |
ArmorGroup International is a British company providing private security. It was founded in 1981 and was listed on the London Stock Exchange until 6 June 2008 (it was acquired by G4S plc in April 2008).
ArmorGroup provides protective security services, risk management consultancy, security training and mine action services. It has 38 offices in 27 countries, including Afghanistan, Bahrain, Colombia, Iraq, Lebanon, Nigeria and Sudan.
It is a founder and full member of the International Peace Operations Association (IPOA), the British Association of Private Security Companies (BAPSC) and the Private Security Company Association of Iraq (PSCAI).
ArmorGroup is managed by Noel Philp, Chief Operating Officer; Matthew Brabin, M.D. and Christopher Beese, chief administrative officer.
ArmorGroup began operations in 1981 as Defence Systems Limited (DSL), a company founded "to provide protective security services principally to multinational oil and gas companies." The publicly traded Armor Holdings, Inc., a business principally involved in the manufacture of armored vehicles and law enforcement equipment, acquired DSL in 1997. Some of the current senior management team carried out a Management Buyout of the company in November 2003, backed by Granville Baird Capital Partners and Barclays Bank. ArmorGroup was listed on the main list of the in December 2004.
In 2007, it posted a US$9.2 million profit, reporting $295 million turnover for that year. On March 20, 2008, the company announced that its Board had recommended a £43.6 million cash offer for the company by G4S plc. The acquisition completed on 29 April 2008. G4S has basically retired the "ArmorGroup" name although ArmorGroup North America, Inc. ("AGNA") is still in existence (see below).
On June 11, 2009, the Wall Street Journal reported that internal State Department documents deemed ArmorGroup security lapses at the US embassy in Kabul so severe as to render the compound in "jeopardy." Guard posts were found empty and unstaffed for hours at a time, among other problems. The article quoted staffers on the Senate Homeland Security and Governmental Affairs Committee’s contracting oversight panel.
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Wikipedia