RealNews

Security becomes a growth industry

Osama bin Laden and his henchmen had hoped their attacks would cripple the U.S. economy. But while Sept. 11 helped deepen the nation’s recession, Al Qaeda terrorists also unwittingly spurred a new and fast-growing industry dedicated to homeland security. This industry built around the Homeland Security Department and the focus on terrorism in the U.S. has attracted old-line defense contractors, small businesses, universities, investment bankers, consultants and newsletter publishers. At a time when the country is on “orange alert,” it is common for business people to network at homeland security conferences in hopes of landing a government contract. Also becoming commonplace are trade shows featuring displays of such products as bomb-resistant glass for offices and imaging machines to reveal the innards of trucks and cargo containers. With overall homeland security spending estimated by analysts at about $55 billion this year, some observers believe that a homeland security-industrial complex is emerging, much as the military-industrial complex became a huge presence in American life during the Cold War. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.