Management & Strategy

Raytheon Gets $1 Billion Contract to Protect .Gov Networks

Defense and technology contractor Raytheon said on Monday that it has been awarded a new cybersecurity contract with the Department of Homeland Security (DHS) that could be worth approximately $1 billion.

<p><span><span><strong>Defense and technology contractor <a href="http://www.raytheon.com/" target="_blank" rel="noopener">Raytheon</a> said on Monday that it has been awarded a new cybersecurity contract with the Department of Homeland Security (DHS) that could be worth approximately $1 billion. </strong></span></span></p>

Defense and technology contractor Raytheon said on Monday that it has been awarded a new cybersecurity contract with the Department of Homeland Security (DHS) that could be worth approximately $1 billion.

Waltham, Mass.-based Raytheon said it would be the prime contractor and systems integrator for the agency’s Network Security Deployment (NSD) Division, which is responsible for the National Cybersecurity Protection System (NCPS). NCPS provides the infrastructure that assists more than 100 federal civilian government agencies with the security of their networks against cyber attacks.

Under the contract, Raytheon said that it would lead a team “providing full lifecycle development and sustainment” support. Specifically, the company said that scope of work would involve providing NPPD with design, development, and operations/maintenance services in support of the NCPS, and “support government efforts to develop, deploy and sustain systems that monitor, analyze and mitigate cyber threats to .gov networks.”

The period of performance under this single-award, IDIQ contract is five years, with the ability to extend some orders for up to an additional 24 months. The contract could be worth approximately $1 billion, Raytheon said.

“Today’s cyber threats are increasingly pervasive and serious, and our government and private sector institutions require the best protection possible,” said Dave Wajsgras, president of Raytheon Intelligence, Information and Services. “Raytheon has invested over $3.5 billion in recent years to build our cybersecurity capabilities, and we’re looking forward to bringing the very best and most innovative solutions to the Department of Homeland Security.”

Waltham, Mass.-based Raytheon Company had 2014 sales of $23 billion and 61,000 employees worldwide. Earlier this year Raytheon reached a $1.9 billion agreement with Vista Equity Partners to form a new company combining Websense with Raytheon Cyber Products, a business unit of Raytheon’s Intelligence, Information and Services segment.  

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