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M&A Activity

SAIC Wins $21 Million DoD Cybersecurity Training Contract

Science Applications International Corporation of San Diego, CA has announced that it will provide cyber security training to Department of Defense (DoD) personnel, under a prime task order through the Defense Information Systems Agency’s (DISA) ENCORE II contract. The contract has a 1-year base period of performance and 4 one-year …

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Microsoft unveils Open Government Data Initiative

Microsoft has revealed its Open Government Data Initiative (OGDI) program, an initiative allowing government agencies and software developers to freely interact with and share data through the upcoming Windows Azure cloud services platform. The initiative will provide industry-standard levels of accessibility and security to existing government data protocols by providing …

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Cybersecurity Remains a Hot Commodity Despite Recession

According to an article in USA Today, firms that deal with cyber security are booming, even while the rest of the economy is busting. America’s Growth Capital (AGC) reports that 55 security firms have already been acquired this year. The article cites two main sources for this seemingly constantly increasing …

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Potomac Officers Club Announces Michael Chertoff as Speaker for June 30th Luncheon

Mark your calendars for the members only Potomac Officers Club event featuring former Secretary of Homeland Security, Michael Chertoff.  The luncheon will be on Tuesday, June 30th from 11:30 to 1:30 at the Ritz Carlton, Tysons Corner, Salon 3.   REGISTER TODAY! Please note that this event is open ONLY …

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2010 Budget Likely to Increase Funding to Cybersecurity

President Obama’s fiscal 2010 budget is set to significantly increase the funding allocated to cybersecurity. In the budget request released on May 7, the Department of Homeland Security asked for $918 million to support the Office of Infrastructure Protection, $400 million of which will be spent on expanding the national …

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Debate Over Cybersecurity Czar Rages

According to the Washington Post (“Obama Aides Debate Role of Proposed Cyber Czar, ” May 13, 2009), there is a debate taking place within the Obama administration over the President’s proposed cybersecurity czar. Military, intelligence, and security officials are arguing that the new advisor should be established under the National …

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QinetiQ Bolsters Cyber Offerings with Cyveillance Acquisition

QinetiQ announced on Wednesday that it will expand into the multibillion-dollar cyber security marketplace with the acquisition of Arlington-based Cyveillance, a provider of online monitoring services designed to help companies guard against Internet threats.  Duane Andrews, QinetiQ North America CEO said, “We believe Cyveillance is well positioned to benefit from …

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