Raytheon [RTN] on Friday said it has acquired SI Government Solutions, a small company that does vulnerability assessments and provides recommended fixes for network security, in a deal that adds capabilities to its information assurance and information security business.
Terms of the deal were not disclosed. Earlier this month Raytheon formed a new business practice within the company that is focused on the cyber security needs of the federal government and large commercial clients (Defense Daily, April 9). Florida-based SI Government Solutions will work with new Information Security Solutions practice.
The acquisition further enables Raytheon to “create a world-class, end-to-end information assurance and information operations capability,” Michael Keebaugh, president of Raytheon’s Intelligence and Information Systems (IIS) segment, said in a statement. “Protecting critical infrastructures is rapidly becoming one of the most complex and critical challenges our customers face today.” Raytheon’s Information Security Solutions practice resides within IIS.
SI Government services the intelligence community and classified portions of the Defense Department. The company has 60 employees.
Raytheon’s enhanced focus on cyber security comes as the federal government is expected to double its spending in this area to the tune of about $7 billion annually.