Big Cybersecurity Budget Means Big Business for Defense Contractors

Begin Learning Cyber Security for FREE Now!

Already a Member Login Here

Big Cybersecurity Budget Means Big Business for Defense Contractors

Author: TREVORH | Published on November 3, 2015 | Views: 1212

Following last month’s $1billion contract awarded to Raytheon from the Homeland Security Department, the Pentagon is now taking bids from defense contractors to help protect against the digital future.

Big industry names such as Raytheon Co., Lockheed Martin Corp., and General Dynamics Corp. are expected to be at the forefront, competing for a contract valued at up to $460 million.

While many of these large companies have felt the effects of budget cuts elsewhere, with the government’s dedication of $14 billion to the cyber budget, they expect cyber contracts to play an important role to their business.

And that’s not speculation. Over the past 2 years, many these major defense contractors have seen big  growth in the cybersecurity work that they have been awarded. Northrup Grumman, for example, has seen their 2014 contracts value $430.4 million, compared to just $159.4 million in 2012.

Deon Viergutz, vice president of cyber solutions for Lockheed Martin Information Systems & Global Solutions noted, “Demand is going to continue”.

Those who currently work in cybersecurity or those looking to start a new a career should find plenty of jobs available to them. While the Washington D.C., Maryland, and Virginia areas typically dominate the cyber industry, cyber security professionals across the country should expect to benefit from the influx of budgetary spending.

Our Revolution

We believe Cyber Security training should be free, for everyone, FOREVER. Everyone, everywhere, deserves the OPPORTUNITY to learn, begin and grow a career in this fascinating field. Therefore, Cybrary is a free community where people, companies and training come together to give everyone the ability to collaborate in an open source way that is revolutionizing the cyber security educational experience.

Support Cybrary

Donate Here to Get This Month's Donor Badge



Is Linux Worth Learning in 2020?
Views: 741 / December 14, 2019
How do I Get MTA Certified?
Views: 1313 / December 12, 2019
How much does your PAM software really cost?
Views: 1750 / December 10, 2019
How Do I Get into Android Development?
Views: 2140 / December 8, 2019

We recommend always using caution when following any link

Are you sure you want to continue?