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Dead Drop: August 16 - 22

PRINCE OF THE AIRBlackwater founder Erik Prince has reportedly launched an air defense company offering both hardware and operational management of air defense systems. The company Vectus Air Defense Systems has partnered with the Ukrainian drone software company Swarmer, which Prince is also heavily involved in. The Financial TImes describes Vectus as being presented as an “air defense as a service” model. Prince has been associated with a number of companies around the world since selling Blackwater to outside investors. He has also advised the Chinese government on some of Beijing’s global initiatives. Wanna know more how Prince got here? We recommend you pick up Master of War: Blackwater USA’s Erik Prince and the Business of War for some light (and fascinating) weekend reading.

THE SPIES WHO CAN'T GET PAID: The CIA has a problem that sounds like the setup to a bad joke: so many Agency officers are retiring, there are not enough people to process their pensions. The Washington Post reports that the agency's retirement system is so overwhelmed by departures that some former officers are waiting up to nine months or longer for their first full retirement check. The CIA calls the volume of cases "unprecedented." Meanwhile, OPM's workforce, which helps handle the paperwork, has fallen by a third since 2024, while the average time to process a federal retirement claim has climbed from 79 days to 109. Having a bunch of people with a lot of classified information in their heads and not enough cash in the bank – is said by some to be a counterintelligence nightmare. Too bad we don’t have a Department of Government Efficiency or something like that to get all this back on track, eh?

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