Federal Drive

Contractor BAE Systems to expand cybersecurity services

Federal contractor BAE Systems will spend nearly a quarter billion dollars to expand its cybersecurity services. The company is buying the Danish cybersecurity ...

Federal News Network Staff

December 30, 2010 9:54 am

< a min read

Federal contractor BAE Systems will spend nearly a quarter billion dollars to expand its cybersecurity services.

The company is buying the Danish cybersecurity firm ETI. Infosecurity.com reports the deal is worth about $212 million.

BAE says the acquisition supports a strategy of beefing up its work in cybersecurity. In 2008, the company bought a British firm called Detica. And more recently, the company announced that it would by a set of cybersecurity units from the U.S.-based L-1 Intelligence Services.

This story is part of Federal News Radio’s daily Cybersecurity Update brought to you by Tripwire. For more cybersecurity news, click here.