Boeing (NYSE: BA) has an agreement to purchase Narus, a network traffic and analytics software designed to defend cyber attacks and persistent threats aimed at large Internet Protocol networks.
“This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection, and cybersecurity, ” said Roger Krone, president of Boeing Network & Space Systems, a business within the Boeing Defense, Space & Security (BDS) operating unit. “Narus’ innovative employees and unique capabilities to secure complex networks will be a significant benefit to Boeing and our customers.”
Boeing is also moving forward with a cash tender offer to purchase all of the outstanding shares of common stock of Argon ST Inc. (NASDAQ: STST), in conjunction with the
According to the firm, “upon successful completion of the tender offer, shareholders of Argon ST will receive $34.50 in cash for each share of Argon ST common stock validly tendered and not validly withdrawn, without interest and less any required withholding taxes.”