:

Business/Financial

Raytheon Acquires Government Business From Data Security Firm SafeNet

Defense Daily Staff

Thursday, December 13th, 2012

SHARE:

Further bolstering its information assurance capabilities, Raytheon [RTN] yesterday said it has acquired the Government Solutions business from the data protection company SafeNet, Inc. Terms of the deal were not disclosed although Raytheon said it will not materially affect its sales and earnings in the fourth quarter or in 2013. SafeNet’s Government Solutions business has 170 employees and does about $100 million in annual sales. The Government Solutions business provides advanced, high-speed network encryption products to defense related customers that…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]