Shadow Company is an elite secret unit of private military contractors under the direct command of General Shepherd that appears as the main enemy faction for the last missions in the campaign of Call of Duty: Modern Warfare 2, and in one Special Ops mission, “Snatch & Grab“. All members of the unit are extremely loyal to General Shepherd to the point where they assisted him in his plans to betray Task Force 141. The Shadow Company return as a multiplayer faction in Call of Duty Online.
Shadow Company makes its first confirmed appearance in Loose Ends, in the Caucasus Mountains near the Georgian-Russian border, securing the landing zone that Roach and Ghost must get to, who have downloaded a DSM containing vital intelligence on Makarov. They are briefly shown as allies, until their leader, Shepherd, betrays Roach and Ghost and kills them. A few soldiers help Shepherd get rid of the bodies by pouring petrol on them and lighting it on fire with Shepherd’s cigar.
Their next appearance is in The Enemy of My Enemy, at the U.S. Vehicle Disposal Yard 437 in Eastern Afghanistan, fighting Makarov‘s Inner Circle. They attempt to kill Soap and Price, but fail. The outcome of their battle with the Russians is not directly shown, but it is implied that they were victorious.
Their last appearances are in Just Like Old Times and Endgame, when Soap and Price infiltrate Site Hotel Bravo, their command base, coming for Shepherd’s life. They are at first unaware of Soap and Price’s presence until their patrols gradually go missing due to the infiltration.
They once again fail to stop Soap and Price, leading to Shepherd attempting to escape on a Zodiac. Price, while successfully preventing the rogue commander’s escape by downing his helicopter, goes over a waterfall with Soap. A long and desperate fistfight ensues between a weary Captain Price and General Shepherd. It only ends when Soap, stabbed by Shepherd and heavily wounded, removes the knife from his injury and expertly throws it through Shepherd’s left eye, killing him and leaving the future of Shadow Company in question. The group is not mentioned through the remainder of the Modern Warfare storyline.
However, despite their complete loyalty towards him, Shepherd holds little regard for their lives and considers them all to be ultimately expendable. During Just Like Old Times, Shepherd orders Excalibur to call in a danger-close artillery strike on Site Hotel Bravo, killing an unknown number of his own men in a failed attempt to also kill Soap and Price.