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Pendulum Management was formed in 1998 to assist in forming Public Private Partnerships between the US military and private sector organizations. Members of Pendulum had previously managed Government-Owned Contractor-Operated (GOCO) facilities and this was a natural extension of those activities. As new business opportunities arose, Pendulum Services (2002) and Pendulum Resources (2004) were formed to address them and the collection of companies was known as The Pendulum Group.
In July 2010 the Pendulum Group was restructured so that each company is now independently owned and operated to focus on specific market opportunities.
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