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Eric Prince's Frontier Logistics Group partners with the Chinese government to help companies transport goods in Africa and Southeast Asia, but there are concerns about the potential misuse of private air assets.
43:39 - 46:06 (02:26)
Summary
Eric Prince's Frontier Logistics Group partners with the Chinese government to help companies transport goods in Africa and Southeast Asia, but there are concerns about the potential misuse of private air assets. Some competitors have already received government approval for providing close air support with small fleets of aircraft.
ChapterEric Prince's Frontier Logistics Group
EpisodePart One: Erik Prince: The Rich Kid Who Bought An Army
PodcastBehind the Bastards
Erik Prince, founder of military contractor Blackwater and Frontier Services Group, has acquired 25% of Austrian company Airborne Technologies in a bid to tap into the Chinese security market which he says has "no moral issues".
46:06 - 48:11 (02:05)
Summary
Erik Prince, founder of military contractor Blackwater and Frontier Services Group, has acquired 25% of Austrian company Airborne Technologies in a bid to tap into the Chinese security market which he says has "no moral issues". The move comes as China ramps up expenditure on domestic security, including drones, surveillance cameras and other equipment, with some estimates suggesting the market will expand 25% a year until 2020.