Raytheon Wins US Civilian Cyber Contract Worth $1 Billion

Tokolosh writes: Raytheon is a company well-known in military-industrial and political circles, but not so much for software, networking and cybersecurity. That has not stopped the DHS awarding it a $1 billion, five year contract to help more than 100 civilian agencies manage their computer security. Raytheon said DHS selected it to be the prime contractor and systems integrator for the agency's Network Security Deployment (NSD) division, and its National Cybersecurity Protection System (NCPS). The contract runs for five years, but some orders could be extended for up to an additional 24 months, it said. Dave Wajsgras, president of Raytheon Intelligence, Information and Services, said the company had invested over $3.5 billion in recent years to expand its cybersecurity capabilities. He said cybersecurity incidents had increased an average of 66 percent a year worldwide between 2009 and 2014. As you might expect, Raytheon spends heavily on political contributions and lobbying.

Comments

$1 billion for 5 months?

[Anonymous Coward]

This sounds like a lot, but it really is a relative pittance to what these types of government contractors were getting 10-20 years ago. I live in the D.C. area and the big defense IT contractors have been laying off staff like crazy. It used to be if you had clearance you could write your own ticket.