Home / Contract Awards / Raytheon Commits to Cyber Security

Raytheon Commits to Cyber Security

Steven Hawkins, vice president of Raytheon’s Information Security Solutions in the Intelligence and Information Systems unit, said at the Paris International Air Show that cyber security will increase to become one of Raytheon’s main revenue producing-divisions in the coming years.

Steven Hawkins
Steven Hawkins

“It is a significant focus area for the corporation, ” Hawkins said,  “It is one of the major growth areas for us.”

Raytheon Corporation’s cybersecurity is currently a medium to small unit in the intelligence and information division at Raytheon, but Raytheon plans to make cyber security one of its largest assets within the next five years.

Hawkins pointed out that Raytheon was the first to create a cyber security division 3 years ago and hopes to boost revenue with the newfound interest in cyber security . Raytheon is currently the 6th largest government contractor in the US and generates $23 billion annually.  

Raytheon has also partnered with the University of Texas to focus on cyber security research and development and promote interest in cybersecurity.

“The whole strategy is to be able to offer an end-to-end solution, ” explained Hawkins. “Some of it we had organically, some of it we acquired, some of it we partnered. A lot of it we’re investing R&D dollars in.”

Check Also

GE to Manufacture CH-53K Helicopter Engines Under $143M Navy Contract

General Electric‘s (NYSE: GE) aviation business has received a $143.4 million contract from the U.S. Navy to …

Navy Picks 4 Firms for C4I Technical, Engineering Support Contracts

Four companies have won separate potential five-year contracts to provide engineering and technical support for …

Subscribe to our Newsletter
I will subscribe later