September 28, 2015 /PRNewswire/ -??The U.S. Department of Homeland Security (DHS) has selected Raytheon Company (NYSE: RTN) to be the prime contractor and systems integrator for the agency’s Network Security Deployment (NSD) Division.
Raytheon, a Massachusetts-based U.S. security vendor, has just signed a mega-contract with the US Department of Homeland Security (DHS) and will be tasked with providing cyber-security measures for various of its assets.
The Einstein system – which has been rolled out across more than 100 civilian federal networks – acts as a next-generation firewall, blocking known threat vectors at the ISP level and detecting anomalous traffic.
The company has been slowly spreading its tentacles into the world of cyber-defense, getting a huge boost of know-how after it spent over $1.5 billion / €1.33 billion to acquire Websense this spring.
“Today’s cyberthreats are increasingly pervasive and serious, and our government and private sector institutions require the best protection possible”, Dave Wajsgras, president of Raytheon Intelligence, Information and Services, stated in a news release.
Raytheon has invested a few $3.5 billion over the last several years to expand its cybersecurity capabilities. The period of performance under this single-award, IDIQ contract is five years, with the ability to extend a few orders for up to an additional 24 months.
The contract scope will reportedly include design, development and operations/maintenance services.
According to Wajsgras, cybersecurity incidents have grown to an average of 66 percent a year globally between 2009 and 2014.
Raytheon, which is headquartered outside of Boston, is also a finalist in a $2 million Grand Cyber Challenge, being put on by the Defense Advanced Research Projects Agency, the Pentagon’s research arm.
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