The 9 Largest Private Armies In The World. What Are They Fighting For?

Ever wonder what the largest private armies in the world are? Even though nowadays many countries are struggling to protect peace, there are several official “war” conflict zones on Earth. In many cases, major countries can interfere with their own troops. However, in order to prevent the risk of losing soldiers from a national army, or in case a country doesn’t have enough of a military force, a government can hire mercenaries.

Mercenaries are soldiers who are fighting in exchange for a gain or material compensation. If we look back in the history, such military force was used for thousands of years in Ancient Greece, Egypt, and the Roman Empire.

If we fast-forward to present times, we can observe that mercenaries have became a type of business. Companies engaged in recruitment and training of mercenaries, provide security services for private clients, as well as participate in war conflicts being hired by governments.

Even though an army can benefit a lot from the use of mercenaries, there are several risks involved with hiring soldiers, including training inefficiencies and above-average wage expenditures. Desertion is also a possibility.

With defense budget cuts being made around the globe, mercenary services are organizations that are worth investors’ attention, but only a few have managed what we’d truly consider to be “leaders” in this space.

Let’s take a look at the companies that control the 9 largest private armies in the world:

Academi

Academi

Academi is operating the largest private training facility in the U.S. which is located on a 7,000 acre territory. The company has trained over 50,000 foreign military personnel, law enforcement agents, counter-terrorism experts. At the same time, Academi employees participated in many missions, including operations in Afghanistan and Iraq.

Defion Internacional

 

Defion is headquarted in Peru, but also has offices in several countries among which is Dubai, and Iraq. The company has been in strong contact with another mercenary firm, Triple Canopy, and was involved in training and recruiting personnel for it for the Iraq War. Overall, the company delivered about 3,000 people, which served in the Green Zone in Baghdad.

Aegis Defense Services

Aegis Defense Services

Aegis has participated in missions held in about 40 countries, for almost 20 governments, and the UN. With offices in the UK, US, Afghanistan and Bahrain, the company also provides security services for protection of interest of companies in emerging markets.

Triple Canopy

Triple Canopy

Triple Canopy has signed a contract with the U.S government for sending its forces in Iraq. The company provides services of mission support, security solutions, and training programs.

DynCorp

DynCorpPublic Domain Image: Public Domain

DynCorp was founded in 1946 as Land-Air, Inc. and was a company engaged in aviation. The company’s mercenaries participated in combating rebels in Columbia and anti-drug operations in Peru, as well as some other conflict regions. Currently it is one of the companies who has its forces in Iraq.

Asia Security Group

Paktika PRT Navy Personnel Perform Well With Boots On GroundPublic Domain Image: Public Domain

Asia Security Group is an important local military force in Afghanistan, which has signed contracts with the U.S military for the security services and protection of supply convoys in the conflict war zone. Asia Security Group also provided mercenaries for DynCorp, which also conducts operations in the country.

Erinys

Erinys

Erinys is anothe company who has its troops in Iraq. Aside from that, it is engaged in security services, training and consulting for big oil companies with operations in Asia, and Africa. The company also provides services for companies engaged in mineral extraction in Africa.

Unity Resources Group

Unity_Resources_Group_Logo

With a staff of more than 1,200 people, Unity Resources Group is engaged in providing land, sea, air security services in Africa, Americas, Middle East, Central Asia, Europe.

G4S

G4S

The company has over 620,000 employes dislocated worldwide and participates in operations in 125 countries, with a focus on developing markets. G4S plc (LON:GFS), traded on the London Stock Exchange, has been named the second-largest private employer in the world, being outrun only by Wal-Mart Stores, Inc. (NYSE:WMT). The operations in which G4S is engaged involve: (a) the providing of security forces for private clients and government agencies, (b) intelligence, (c) land-mine clearance and (d) training.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!