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In a world of shrinking defence budgets, smaller standing armies and increased threats from terrorism, the space for freelance soldiering is growing. Since 9/11, the number of Private Military and Security Companies (PMSCs) has rocketed - in Iraq alone, there are now an estimated 180,000 private contractors, outnumbering serving military personnel. Since 2003, the British government alone has spent an estimated £225 million on security contracts in Iraq and Afghanistan.