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---
title: The Enterprise (Iran-Contra)
aliases:
- The Enterprise
- Enterprise (Iran-Contra)
created: 2026-05-17
updated: 2026-05-17
category: "Private Organization"
tags:
- Organization
- IranContra
- Covert_Operations
- Secord
- Hakim
- North
- CovertOperations
- 1980s
- CIA
- Arms_Dealing
summary: "The Enterprise was the private covert network assembled by Richard Secord and Albert Hakim to conduct both sides of Iran-Contra, generating approximately $48 million in revenues between 1984 and 1986 through arms sales to Iran and Contra resupply, of which only about $3.8 million reached the Contras."
- ArmsDealing
summary: "Private covert network assembled by Richard Secord and Albert Hakim to conduct both sides of Iran-Contra, generating approximately $48 million in revenues between 1984 and 1986 through arms sales to Iran and Contra resupply."
start: 1984-01-01
end: 1986-11-01
location: "United States / Switzerland / El Salvador / Iran"
location: "United States"
---
The Enterprise was the informal name given by [[Oliver North]] and other participants to the private covert operations network that conducted the two interlocking elements of the [[Iran-Contra Affair]]: the sale of American weapons to [[Iran]] and the resupply of the Nicaraguan [[Contras]] during the period when Congressional [[Boland Amendment]] prohibitions barred U.S. government agencies from providing the Contras with military assistance. The Enterprise was organized by [[Richard Secord]], a retired Air Force major general, and [[Albert Hakim]], an Iranian-born American arms dealer, through a network of corporate entities that held accounts, purchased weapons, and managed logistics outside official U.S. government channels. [[Oliver North]], serving on the [[National Security Council]] staff, provided the White House political authorization and operational direction.[^1]