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

Really?

[Anonymous Coward]

Why don't we just streamline things and stop sending our tax money to the government and start sending it to all these military defense businesses? Surely this money could be better spent by agencies staffing their own employees. One billion dollars could hire a lot of people, but instead majority of that will go into the pockets of big business moguls at the taxpayers expense.