According to reports, the Israeli company that built the wall surrounding the Gaza Strip in Israel has expressed interest in building Donald Trump’s “big, beautiful, powerful wall” if he is elected president.
In a recent interview, Magal Security Systems Ltd. CEO Saar Koursh told reporters he could build the same high-tech wall along the 2,000 miles of border between the United States and Mexico.
“We would join forces with a major U.S. defense company that has experience with such projects worldwide,” Koursh argued. “We’ve done it in the past and we would definitely want to do it.”
The Daily Caller reports that the company’s high-tech borders include “camera, ground sensors, satellite monitoring capabilities and motion detectors.”
While borders may be controversial, investors recognize that border security is going to be a growth market, especially with the refugee crisis, terrorism and human smuggling. Shares in American Depositary Receipts, Magal’s Nasdaq affiliate, are up 23 percent in 2016.
“The border business was down, but then came ISIS and the Syrian conflict,” Koursh reports. “The world is changing and borders are coming back big-time.”
“We put a smart fence around the entire Gaza strip,” Koursh said in an interview just a month ago. “Anybody can give you a very nice Powerpoint, but few can show you such a complex project as Gaza that is constantly battle-tested.”