Defense Solutions Holding, Inc. / DFSH Building Opportunity to Contract in Iraq

EXTON, Pa., Nov. 30 /PRNewswire-FirstCall/ — Defense Solutions Holding, Inc., announced today that it is expanding operations in Iraq to assist other American firms to contract directly with commercial and government organizations in Iraq. “Iraq is a country of 30 million people sitting on 22% of the world’s oil. Iraq needs virtually everything,” said Defense Solutions’ Chief Executive Officer, Colonel Timothy Ringgold, US Army (Retired).

Defense Solutions began working in Iraq in 2005 when it refurbished and supplied 77 Battle Tanks under contracts with NATO, the Iraq Defense Ministry, and the US Army. Since then, the Iraq Ministry of Trade licensed Defense Solutions as one of relatively few American firms authorized to conduct both defense and commercial business in Iraq.

Operating from Baghdad’s Al Rasheed Hotel, home for many of Iraq’s Ministers and Members of Parliament, Ringgold expanded the firm’s service offerings to include oil and commodity trading. Last month, the company announced that it represents seven oil refineries seeking Iraqi crude oil. Defense Solutions is seeking to identify other American companies with competitive advantages against the European and Asian companies pouring into Iraq.

PR Newswire