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The rifle-scope crosshairs so obvious in the old Blackwater logo have been reduced to a set of horizontal elipses that bracket, but no longer enclose, the paw print, which has also changed to more closely resemble an actual bear-paw imprint. The original Blackwater logo had thick white serif lettering draped over the crosshairs on a menacing black field. The new logo separates the image and the letters, which now appear in buttoned-down sans-serif black and slightly italicized on a white field.
Though the red elipses in the new logo retain the horizontal crosshairs, the overall look is far less “kick your butt” and much more “quarterly report,” some branding experts said. The new logo, which began to appear on some Blackwater material in late July, may also speak volumes about the company’s desire to begin its second decade on a more anodyne note.

NY Times: “Blackwater Softens Its Logo From Macho to Corporate.”