via TechNewsDaily Construction will soon begin on the nation’s first cybersecurity headquarters, a $1.5 billion facility which already being billed as the “Spy Center.” Located in Camp Williams, Utah, the Community Comprehensive National Cyber-security Initiative Data Center –...
via info security British defense firm BAE Systems has agreed to acquire ETI A/S, a Danish cybersecurity firm, for approximately $212 million. ETI, with annual sales of approximately $61 million, employs 260 people in Denmark, the UK, the US, Asia, and the Middle East. BAE Systems said the acquisiti...
via Herald Wire Services Defense contractor Raytheon Co. said it would pay $490 million to acquire cybersecurity firm Applied Signal Technology Inc., which makes equipment that militaries and governments use to detect threats. The purchase expands Waltham-based Raytheon’s reach in products that ga...
“Despite the popular perception that ever-present safety & security needs, and rising crime rates, which interestingly tend to escalate during periods of economic downturn, make electronic security systems recession proof, the market ironically has shown signs of marked weakening in the m...
The Federal Cyber landscape is driven by missions and budgets. Mission without budget is folly. Even in periods of significant downward pressure on budgets, there must be spending to ensure agencies succeed. When it comes to IT, a leading assessment indicates IT spending will actually increase...