See also the latest version of this report
The recent turmoil in the Arab world forced the Saudi Arabian royal family into critical regime stabilization decision junctures. Driven by the Saudi government, the six Gulf Cooperation Council (GCC) states (Saudi Arabia, Qatar, Bahrain, the UAE, Oman, and Kuwait) met in May 2012 to discuss the creation of a "federation" among the GCC states in order to upgrade the security of the $1.4 trillion economic zone.
The Saudi Homeland Security & Law-Enforcement market is a unique case, since the global financial crisis does not impact the economy of Saudi Arabia (the world’s leading oil exporter) which uses its petro dollars to invest "whatever it takes" to secure the country’s stability and defeat any internal and external regime change threats. This growing market creates lucrative business opportunities for the international defense and security industry.
Following the "Arab Spring" regime-toppling events, the Saudis hiked their 2011 procurement budget for Homeland Security & Law Enforcement goods and services by 46% (see graph). During 2012-2015 the Saudi government and private sector plan to procure as much as $37.5B on Homeland Security & Law Enforcement related products and services.