Garda estimates that the U.S. airport security clearance market is worth US$3.5 billion a year. The Montreal-based company hopes to gain its first U.S. airport contract within two years.
What I thought was startling was Garda’s numbers on how much this market is estimated to be worth. $3.5 billion a year is no small potatoes. No wonder they are lobbying the US to jump on board with private screeners at airports.
I imagine security companies in the US will be very much in the business of capturing market share as more and more airports opt for screener/security privatization. -Matt
Garda wants to convince Washington to adopt Canadian model for airport screening
By Sylvain Larocque
Garda World wants to convince Washington to imitate Canada by giving private security companies control of screening at airports.
In the United States, the job is generally performed by Transportation Security Administration (TSA) employees, while in Canada the work is subcontracted to companies like Garda, the industry leader in airport pre-clearance screening.
At its annual meeting on Friday, Garda CEO Stephan Cretier criticized the TSA, pointing to a House of Representatives committee report published last November that concluded the federal agency was ineffective as at least 25,000 security breaches have taken place in the 10 years since it was launched.