Outlook for Security Services in Iraq: 20-25% growth

Gary Cavender, General Manager of Falcon Security — a leading private security services company –, shares his views on the outlook for security services in Iraq.

According to Cavender, “I think that when the US military left, everyone thought that the need for security would be decreasing, but as you get more and more oil companies and people coming in, not only in Iraq but throughout the oil service business in every country, the need for security increases.”

As for the Falcon Security, Cavender sees double digit growth. “We are experiencing about 20-25% growth and we think that we can maintain that growth for the next 3 to 5 years,” he adds.