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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 – known as the Utah Data Center – will address critical issues of national cybersecurity, compiling what Utah’s Desert […]
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 acquisition of ETI supports its strategy of […]
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 gather and monitor intelligence. Defense deal activity is expected to heat up as […]
“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 midst of steady deterioration in business climate. The length, breath, and duration of current […]
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. Cyber defense spending is a component of this increase: […]
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