Topic: Constellus Holdings

The consolidation of private security firms Academy (formerly Blackwater) and Triple Canopy under the new management of Constellus Holdings signals a major shift toward the privatization of high-threat security. Board members include high-profile figures like John Ashcroft and Bobby Inman. Secretary of State John Kerry is criticized for a verbal slip in which he referred to the new initiative as a "terrorism partnership fund" rather than a counterterrorism one.