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Boeing to acquire cybersecurity company

Cybersecurity Update – Tune in weekdays at 30 minutes past the hour for the latest cybersecurity news on The Federal Drive with Tom Temin and Amy Morris (6-10 a.m.) and DorobekInsider with Chris Dorobek (3-5 p.m.). Wall Street Journal. Federal cyber experts have been worried about attacks on networks that control critical infrastructure such as the electrical grid and nuclear power plants. The NSA surveillance would use sensors embedded in certain networks. According to the Journal, NSA has tapped Raytheon for a $100 million classified contract to get Perfect Citizen underway.

  • Boeing is buying a software company that specializes in cybersecurity. Published reports indicate that the aerospace contractor’s Defense, Space and Security division will acquire Narus. Narus has about 150 workers, and is based in California. It provides network traffic and analytics software used to protect computer networks. No word on the terms of the deal. Narus will become a subsidiary in Boeing’s Network & Space Systems unit. This is the second cyber security acquisition by Boeing in as many months. Last month Boeing agreed to buy Argon for about $775 million. The Wall Street Journal says these acquisitions come as the Pentagon shifts its budget to prioritize “smart” warfare and intelligence gathering over traditional weapons platforms.

  • Check out all of Federal News Radio’s coverage of cybersecurity issues here.

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