Craig Cooning: Boeing Considers Cyber Business Divestitures to Focus on Market Niche

boeing logo
Boeing (NYSE: BA) is looking into a potential divestiture or reassignment of some portions of its cybersecurity business as the company aims to focus on other areas in its portfolio, Reuters reported Tuesday. Andrea Shalal reports that Boeing has secured classified cyber contracts with the government but faces a crowded market since its acquisition of several small cyber companies years ago. “There...

Steve Omick: ACS, Army to Collaborate on Cyber Model Experiment Methods

dhs-cyber
Applied Communication Sciences has been awarded a five-year, $48.5 million contract with the Army Research Laboratory to develop new approaches for cyber experimentation. The U.S. Army will use the approaches to evaluate and migrate parallel research programs that are conducted under the lab’s cybersecurity collaborative research alliance, ACS said Thursday. “In dealing with...

Lynn Dugle: Raytheon Buys Blackbird Technologies to Further ISR, Cyber Defense Work

Lynn Dugle
Lynn Dugle Raytheon (NYSE: RTN) has bought Blackbird Technologies for approximately $420 million in a move aimed at growing Raytheon’s cybersecurity, ISR and special operations technology offerings. Herndon-based Blackbird will operate under Raytheon’s intelligence, information and services business organization, Raytheon said Wednesday. “Blackbird Technologies is a strong fit for...

BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

dhs-cyber
BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday. SilverSky, which operates primarily in the...

Former Cisco Security Exec Christopher Young to Head Intel Security; Renee James Comments

Christopher Young
Christopher Young Christopher Young, former senior vice president of Cisco‘s (Nasdaq: CSCO) global security and government group, has joined Intel (Nasdaq: INTC) as SVP and general manager of Intel Security and member of the management committee. Intel said Monday Young will report directly to President Renee James, who noted that Young’s cybersecurity expertise would help him lead...

MITRE to Operate Hub for NIST’s Rockville Cyber R&D Center; Penny Pritzker Comments

Cybersecurity
MITRE Corp. has received a potential 25-year, $5 billion contract to operate a federally-funded research-and-development center to support the National Institute of Standards and Technology‘s cybersecurity R&D center in Rockville, Maryland. The Rockville-based National Cybersecurity Center of Excellence provides a facility for businesses to collaborate with industry, government and...

Haden Land: Lockheed’s Newly Formed Israeli Subsidiary to Focus on Security Tech Offerings

lockheed martin
Lockheed Martin (NYSE: LMT) has created an Israel-based business unit to offer cybersecurity tools and other enterprise information technology products to customers in that country, The Wall Street Journal reported Monday. Amir Mizroch writes that Lockheed formed the Israeli subsidiary to also pursue defense contracts as well as technology partnership and investment deals. “We’re going...

Hugh Evans: Veritas Capital Eyes Cyber Market Growth Through BeyondTrust Purchase

acquisition
An affiliate of Veritas Capital will purchase cybersecurity firm BeyondTrust from Insight Venture Partners for an undisclosed sum in a move to pursue growth with enterprise and government clients. “We expect the cybersecurity market to benefit from increasing regulatory/compliance requirements, high-profile breaches and complexity of the IT environment,” Hugh Evans, a partner at...

CSC Vet Sam Visner Joins ICF as Cybersecurity Business SVP, GM

Sam Visner
Sam Visner Sam Visner, a 35-year cybersecurity and intelligence veteran and a former Computer Sciences Corp. (NYSE: CSC) executive, has joined ICF International as senior vice president and general manager of the Fairfax, Virginia-based company’s cybersecurity business. “Sam is a recognized authority in cyber policy, programs and technology. Bringing Sam to ICF demonstrates our commitment...

Leidos’ Rob Zitz: DHS Taking a Proactive Approach to Cybersecurity

Zitz_Rob_small
Rob Zitz, senior vice president and chief systems architect at Leidos (NYSE: LDOS), has observed that the Department of Homeland Security is moving toward a proactive model to secure cyber systems, he told Federal News Radio in an interview Thursday. Zitz highlighted DHS’ continuous monitoring and diagnostics initiative during a question-and-answer session with radio station host Francis Rose. According...