Defence firms primed for cyber security acquisitions

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Andrew Elwell
Andrew Elwell
12/06/2011

Today Raytheon Company announced that it had acquired cyber security firm Pikewerks Corporation for an undisclosed amount. This is Raytheon’s second cyber security acquisition this year following the transformational $490 million (£314 million) deal for Applied Signal Technology ("AST") Inc. in February. Think Raytheon is still a missile company? Well, the deal for AST was the company’s biggest acquisition since William Swanson took over as CEO. Pikewerks signals Raytheon&r...
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