:

Business/Financial

Lookingglass Acquires Cyber Security Firm CloudShield

By Cal Biesecker

Friday, March 6th, 2015

SHARE:

Lookingglass Acquires Cyber Security Firm CloudShield

Lookingglass CEO Chris Coleman. Before joining the company in 2013, he was director of Cyber Security for Cisco's U.S. Public Sector Sales organization. Photo: Lookingglass

Lookingglass Cyber Solutions on Monday said it has acquired CloudShield, a developer of hardware and software for cyber security solutions, expanding its capabilities and solutions offerings.Terms of the deal, which closed on Feb. 27, were not disclosed. CloudShield was previously owned by Leidos [LDOS], which bought the small cyber security firm in 2010 when it was part of Science Applications International Corp. [SAIC]. Leidos announced one year ago that it planned to divest CloudShield as part of portfolio reshaping initiatives.Lookingglass’…

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]