USTC meaning in Regional ?

Academi was an American private military company founded on December 26, 1996 by former Navy SEAL officer Erik Prince as Blackwater, renamed as Xe Services in 2009 and known as Academi since 2011 after the company was acquired by a group of private investors. The company received widespread notoriety in 2007, when a group of its employees killed 17 Iraqi civilians and injured 20 in Nisour Square, Baghdad, for which four guards were convicted in the U.S., but later pardoned on December 22, 2020 by President Donald Trump.

Academi provides security services to the United States federal government on a contractual basis. Since 2003, the group has provided services to the Central Intelligence Agency. In 2013, Academi subsidiary International Development Solutions received an approximately $92 million contract for State Department security guards.

In 2014, Academi merged with Triple Canopy, a subsidiary of Constellis Group.