TYSONS CORNER, VA, October 8, 2015 — Raytheon sought to broaden its cyber portfolio with the acquisition of Foreground Security for an undisclosed amount, GovCon Wire reported Wednesday.
The new company will offer threat monitoring and related services and maintain a 165-strong cyber workforce based in Herndon, Virginia.
“Raytheon Foreground Security has an exceptionally strong portfolio of solutions and proprietary technology in some of the fastest growing segments of the cybersecurity market,” Dave Wajsgras, president of Raytheon Intelligence, Information and Services, said Monday.
“Importantly, they will complement and expand our cybersecurity business. Their capabilities are compelling and clearly add immediate value.”
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