Yes, great way to piss off your security people who will (not unreasonably) take the very first opportunity they can to take their revenge.

Even more absurd is their confidence that they can leash up hyper-masculine private security contractors - the men who hold the guns and kill for a living.

Depends. An actual leader able to convince them and strategize, plus handle logistics would probably do reasonably well. Especially a military commander.

Most of CEOs and managers aren't leaders of this sort - they have to pay people to follow them. The second the deal is bad and they cannot rely on contacts and politics, they are left in a ditch.