Private Security Company
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^ U.S. Bureau of Labor Statistics NAICS 561612- The U.S. Producer Price In Security Guards and Patrol
^ Jump up to: a b "The Growth & Development of the Private Security Industry" . First Security . Retrieved 21 February 2014 .
^ The Arizona Republic : Private security guards play key roles post-9/11 22 January 2006
^ "Global Data & Statistics | Private Security Monitor | University of Denver" . psm.du.edu . Retrieved 2015-11-27 .
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A private security company is a business entity which provides armed or unarmed security services and expertise to clients in the private or public sectors.
Private security companies are defined by the U.S. Bureau of Labor Statistics as companies primarily engaged in providing guard and patrol services, such as bodyguard, guard dog, parking security and security guard services. Many of them will even provide advanced special operations services if the client demands it. Examples of services provided by these companies include the prevention of unauthorized activity or entry, traffic regulation, access control, and fire and theft prevention and detection. These services can be broadly described as the protection of personnel and/or assets. Other security services such as roving patrol, bodyguard, and guard dog services are also included, but are a very small portion of the industry. [1]
The private security industry is rapidly growing – currently there are 2 million full-time security workers in the United States and this number is expected to increase by 21% percent through 2020, [2] making the security industry a $100 billion a year industry, with projected growth to $200 billion by 2010. [3] The United States is the world's largest consumer of private military and security services, and the private security industry in the U.S. began seeing a huge increase in demand in 2010. [4] Since then, the U.S. security industry has already grown to be a $350 billion market. [2]
Employees of private security companies are generally referred to either as " security guards " or "security officers", depending on the laws of the state or country they operate in. Security companies themselves are sometimes referred to as "security contractors", but this is not common due to confusion with private military contractors , who operate under a different auspice.
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Fear may be a strong motivator in uncertain times. Governments can only stretch so far, meaning some people are more than willing to pay private security companies to go the extra mile in protecting their loved ones. Firms operating in crisis zones around the world require protection as well, which has created a need for more vigilant and military-minded security service providers. Sometimes, these companies also assist governments and armed forces, providing highly trained armed personnel and logistical support. It’s a dog-eat-dog world out there, and it’s difficult to put a price tag on peace of mind. Read on for 30 of the most powerful private security companies in the world.
Originally going under the name Blackwater USA, American private military company ACADEMI was established in 1997 by ex-U.S. Navy SEAL Erik Prince. Blackwater was awarded its first government contract in 2000, and in order for the company to fulfill it, more than 100,000 sailors were trained for action. Blackwater was heavily – and controversially – involved in the Iraq War. In 2009 Prince stepped down as CEO, and the firm, by then known as Blackwater Worldwide, was rebranded Xe Services LLC. In 2010 private investors took over, and the company became ACADEMI in 2011. According to its official website, ACADEMI offers “stability and protection to people and locations experiencing turmoil.” And it works with “federal, state and local government clients, global commercial customers, numerous law enforcement and intelligence organizations and agencies and allied governments worldwide.”
Former Israel Security Agency and El Al Israel Airlines security personnel formed Israeli private security company ICTS International N.V. in 1982. The firm’s head offices are in Amstelveen in the Netherlands. According to its website, ICTS International “provides advanced, comprehensive security solutions for the aviation and homeland security sectors, with an emphasis on transportation security in general, and railroad and mass transport security in particular.” Set up in 2005, I-SEC International Security BV is the company’s airport and airline security wing. Towards the end of the 1990s, ICTS International created a computer technology called Advanced Passenger Screening, which is utilized by the majority of major U.S. airlines. Based on passenger information, the algorithm calculates the likelihood of passengers posing some kind of threat. In 2008 ICTS International’s revenue totaled $98.8 million.
Registered in the Dominican Republic, but with offices in Kentucky, Ukraine and the U.K., Northbridge Services Group is a private military contractor that claims to provide “highly confidential and effective security related services designed to address the needs of governments, multinational corporations, non-governmental organizations, the corporate sector and prominent individuals.” Northbridge’s current CEO and president is ex-U.S. Army lieutenant colonel and Vietnam veteran Robert Kovacic, who took up his post in 2003. The company’s key services include security advisory and training, operational and intelligence support, and strategic communications. Northbridge also supports law enforcement agencies in the realm of terrorism, narcotics, organized crime, poaching, smuggling, maritime defense and the protection of natural resources. In 2003 the company made headlines when it controversially offered to capture beleaguered then Liberian president Charles Taylor for a fee of $4 million. In 2012 Northbridge’s revenue totaled $50.5 million.
Triple Canopy is a private security, risk management and defense contracting company based in Reston, Virginia. Former U.S. Special Forces soldiers established the firm in Chicago in 2003, and a significant number of Triple Canopy’s employees are former special ops personnel and police officers. According to its official website, the company “provides mission support, security and training services to government agencies and multinational corporations worldwide.” Triple Canopy employs no less than 5,500 staff, and its clients include NGOs, telecommunication companies, oil and gas businesses, mining firms and financial organizations from all around the world. The company’s chain of command counts former Delta Force soldiers, consultants and analysts among its number. Triple Canopy rose to prominence in 2004 in Iraq, and one of its Iraq defense contracts is valued at $1.5 billion.
Prosegur is a multinational private security company with 150,000 staff spread out over Europe, Asia, Oceania and Latin America. The firm was established in 1976, and its head office is located in Madrid. Its service areas comprise manned guarding, home security, fire defense, and security technology and consulting. Prosegur is Spain’s biggest private security firm, and in 1987 it made history as the first company of its kind to be listed on the Madrid Stock Exchange. In 2011 the firm earned $233.748 million. With a task force of over 4,700 armored vans, Prosegur is well known for its cash-in-transit services, which it outsources to banks around the world. The company’s technology services include CCTV monitoring, access control, and “anti-intrusion and perimeter detection.” Meanwhile, guarding provisions feature armed and unarmed guards as well as K-9 units and VIP protection.
Aegis Defence Services is a British private military company established in 2002 by former Sandline International director and British soldier Tim Spicer. The firm has foreign offices in Iraq, Kenya, Nepal, Afghanistan, Bahrain and the USA. It also had a hand in the establishment of the British Association of Private Security Companies. The company is involved with NGO, aerospace, and government and diplomatic sectors, as well as oil, gas and mining industries. Currently, Aegis has a $293 million contract with the U.S. government to provide protection and assistance during the restructuring of Iraq. In 2011 the company also secured a $497 million contract to protect the U.S. Embassy situated in Kabul, Afghanistan.
Founded in 2007, Washington, D.C.- and Portland-based private military company GK Sierra started out producing secure communication technology for the U.S. government. Two years later, the firm, which is a wing of Genoa-Knowlton, Inc., started offering investigation and intelligence options among its services. At present GK Sierra gathers intelligence for the CIA. As well as having a Tel-Aviv office, the company is said to employ high-ranking Mossad operatives, which has led to accusations that it is in fact part of the Israeli Intelligence Service – allegations that GK Sierra has emphatically rejected. The company’s specialties include corporate investigation and intelligence, digital forensics, and encryption technology, while it is also purported to have “direct action” operatives on the ground in various countries around the world.
KBR is a private military, engineering and construction company based in Houston. It was formed in 1998, when Halliburton subsumed Dresser Industries and amalgamated Dresser subsidiary The M. W. Kellogg Co with its own subsidiary Brown & Root. KBR has worked in countries like Cuba, Kosovo and Afghanistan. Currently, its American workforce in Iraq numbers 14,000, and it is also said to have the biggest U.S. government contract there – beating out all other Iraq-based companies. In 2008, KBR declared that it was buying Alabama’s BE&K in a deal said to be worth $550 million. In 2011 KBR earned $540 million. And today it employs more than 27,000 people in over 70 countries across Europe, the Americas, Africa, Asia, Australia and the Middle East. Over the years, the firm has, however, been involved in its share of controversies – from allegations of sexual assault lodged by female employees, to paying off Nigerian officials for government contracts.
Formerly known as the Corps of Commissionaires, Corps Security is a British security company that officially speaking reports to Queen Elizabeth II. Established in 1859, it is said to be the world’s oldest security firm, and today it has a team of about 3,000 security personnel plus a dozen offices throughout the U.K. The company’s specialty is corporate security – including event protection, electronic surveillance, and consulting. According to its official website, Corps Security is “the leading supplier of specialist security solutions.” Dressed, upon request, in the company’s iconic Commissionaire Uniforms, Corps Security’s event protection unit secures high-profile sporting sites like Wembley Stadium and has a presence at important annual affairs such as the London Lord Mayor Show. Other services include manned guarding, CCTV surveillance, alarm response and key holding.
Headquartered in Lima, Peru, Defion Internacional is a private military company that supplies specialist security staff who are mostly recruited from Latin America. These personnel are often then contracted out to other companies; in fact, Defion Internacional first became known when it trained recruits to work with Triple Canopy in Iraq. Defion Internacional has bureaus in Sri Lanka, the Philippines, Iraq and Dubai, and the firm specializes in training bodyguards, drivers, and logistics and administrative personnel. Latin American security staff stationed in the Middle East have been described as “guns for hire.” Moreover: “A Peruvian in Baghdad will not panic if he has to face a blast or a blackout because he has already experienced that on the streets of Lima,” Defion Internacional administrative manager Alejandro Fernandez has explained.
Established as an independent company in 1999, ICTS Europe describes itself as “a global expert in the provision of leading edge security solutions for the transportation and public safety industries.” It offers rail, corporate and energy protection services, but its specialty is airport and airline security. And in addition, ICTS Europe has K-9, technology and “global solutions” capabilities. The firm currently works with more than 250 rail, education, business, health, aviation and public sector groups in Africa, Asia, the Middle East and Europe. ICTS Europe’s website claims that it is positively regarded in the aviation sector for its “forward thinking approach to problem solving and… capability to think outside the box when addressing unique operational challenges.” The company’s clients include Air France, Emirates, Etihad Airways, British Airways, and major airports like London’s Gatwick and Heathrow. In 2012 it brought in $479.072 million in revenue.
English brothers and lock makers Charles and Jeremiah Chubb established the company now known as Chubb Fire & Security in 1818 – the same year they patented their Chubb detector lock. The firm introduced its first safe in 1835; then in the 1870s it expanded to the USA. At the time, the country was suffering from violent bank robberies, so Chubb responded by producing a time lock to be attached to the doors of vaults and safes. In 2000 Chubb sold its lock division and switched its focus to security systems. Since 2003 the firm has been owned by U.S. multinational conglomerate United Technologies Corporation, and it is today based around the world. In the U.K., services include mobile patrols, remote surveillance and response, and key holding. Meanwhile, South African extras comprise armed response teams, electric fencing, and a special Chubb911 24-hour emergency hotline. In Australia, the company also offers a cash-in-transit service.
Established in Los Angeles in 1988, Andrews International is a California-based private security firm with offices across America. It also boasts branches in Mexico, Honduras and Colombia and has operatives in Canada and India. Andrews International provides armed and unarmed security guards for businesses as well as offering specialist government and defense department solutions. In 2009 it bought Canadian global security giant GardaWorld’s U.S. and Mexican guarding services for a sum exceeding $44 million. Andrews International describes itself as “one of the premier professional providers of a comprehensive range of superior security and risk mitigation services.” It adds that its security personnel protect “national landmarks, major tourist attractions, industrial sites, educational and financial institutions, healthcare facilities, and other locations where security stakes and client expectations are high.”
Asia Security Group is a somewhat mysterious seeming Afghanistan-based private security company that, according to its LinkedIn profile, offers “a range of consultancy and manpower support services to government and corporate clients to improve capability and ensure security.” The company has branches in Kabul, Mazar-e-Sharif, Jalalabad and Kandahar and boasts a team of licensed armed troops, promising “comprehensive security solutions tailored to your business needs, while mitigating risks, across Afghanistan.” Asia Security Group has worked with the U.S. forces in Afghanistan, guarding supply convoys in war-torn parts of the country. The
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Private Security Company
