Under the deal, McLean, Virginia-based subsidiary ArmorGroup North America will provide the embassy in Kabul with Gurkha soldiers, Afghan Guards and bomb-sniffing dogs, as well as providing catering and laundry facilities.
I know that diversifying your business away from Iraq by gaining new business in Afghanistan may not sound great, but it's a dangerous world out there. And that also includes places like Russia and Nigeria, just to name a few.
If ArmorGroup's momentum continues, it may become a major player in a growing industry. But even with its recent stock price gains, ArmorGroup is only roughly a US$100 million company -- bit sized by world standards. So it could well be a takeover candidate.
Disclosure: Author is long AMGPF.PK