Raytheon Acquires Cyber Security Firm Pikewerks

Defense contractor Raytheon has acquired Madison, Alabama based Pikewerks, a privately held cyber security company that serves the federal government, research organizations, and critical industry partners.

The acquisition will extend Raytheon’s capabilities to help its customers defend against cybersecurity threats, mainly for its intelligence community, Department of Defense and commercial organization customers.

Pikewerks enhances Raytheon’s offerings, with a significant focus oninsider threat protection, software protection and forensics. Pikewerks’ products include Electronic Armor, an anti-exploitation software tool that protects executables, shared libraries, and scripts from unauthorized access, reverse engineering, and signature detection; and Second Look, software for Linux systems that captures, and forensically preserves, a computer’s RAM, and provides a view of a system, uninfluenced by any malware that might be running on it.

“Developers at Pikewerks are experts who have taken technology from concept to deployment, and we are excited to welcome them as members of our innovative Raytheon team,” said Lynn Dugle, president of Raytheon’s Intelligence and Information Systems business.

Pikewerks has additional offices in Alexandria, Va., Seattle and San Antonio. Pikewerks’ founder and President Sandy Ring, and CEO Michael Ring, will stay on board following the acquisition.

Pikewerks has appeared on the Inc.500/5000 list of the fastest-growing private companies in the country for the past two years, recently ranked No. 955 on the list, with three-year growth of 320 percent.

Terms of the transaction were not disclosed.