Press release: “A new market report entitled “Beyond Aviation: The Emerging Ground Transportation Security Market,” (free but reg. req’d) cites a dramatic imbalance between federal security spending on ground transportation as compared to aviation. According to one estimate, federal funding for aviation security has approached $20 billion since 2001 compared to $400 million for ground transportation security. This despite continued threats against U.S. transit and the terrorist attacks on trains in London, Mumbai, and Madrid.” [Michael Ravnitzky]
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