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Raytheon says new U.S. civilian cyber contract worth about $1 billion
Reuters: Raytheon Co (RTN.N) on Monday said a new five-year contract it won from the U.S. Department of Homeland Security to help more than 100 civilian agencies manage their computer security could be worth $1 billion, a key win for the company.
Raytheon said DHS selected it to be the prime contractor and systems integrator for the agency's Network Security Deployment (NSD) division, and its National Cybersecurity Protection System (NCPS). The contract runs for five years, but some orders could be extended for up to an additional 24 months, it said.
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