Benefiting from key government contracts, Akal Security Inc. has become national leader in security services
Starting as a small local company, Akal Security Inc. (Akal) has rapidly expanded to become one of the largest contract security companies in the United States. This growth has been driven by key contracts with government entities, driving steady demand, particularly as this opens the opportunity for contracts with additional government agencies. Most notably, Akal is the largest provider of contract Judicial Security services, protecting federal courthouse across the United States. The company also provides services for federal government facilities, state and local government agencies and military installations. Despite these steady contracts, the company is still susceptible to fluctuations in government spending.
StructuralIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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