Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Israel News

Israeli Company That Built Gaza Fence Sees Opportunities in Trump Era

The Israeli company that fenced in the Gaza Strip has seen its stock price rise since Trump’s win.

Because Magal Security Systems Ltd. specializes in “smart” electronic fences and other security systems, it is celebrating Donald Trump’s election win as a boon to business.

“Trump’s victory brings great opportunities for anyone in the security and defense market,” Magal CEO Saar Koursh told The Jerusalem Post. “I’m not taking a political position here, I’m merely noting as a CEO of a security company: When you have an administration that is more security-oriented and will allocate budgets to that end, many in the market including us will enjoy that.”

During the election, a Magal representative told the Forward that Magal was interested in working on Trump’s proposed wall between the United States and Mexico should he win the election.

“Now that Trump is in power there’s a lot of talk of finding solutions for the U.S. borders, and we are a major player in that field,” said Koursh. “Even before the elections, most of our business comes from the US, in fact more than half of our company is located in North America and we are well known by American institutions and contractors.”

Magal points to the border fence it build around Gaza when working to secure contracts to fortify borders around the world. The “smart fence” features motion detectors, ground sensors, video cameras and satellite monitoring.

The Israeli government says the fence is crucial to keeping Israel safe. Palestinians say the fence and Israel’s blockade of the strip amount to collective punishment for Gazans.

Contact Naomi Zeveloff at [email protected] or on Twitter @naomizeveloff

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.