Lockheed Martin to Purchase Industrial Defender
Lockheed Martin has entered into a definitive agreement to acquire Industrial Defender, a provider of cyber security solutions for control systems in the oil and gas, utility and chemical industries.
Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days. The terms of the agreement were not disclosed and are not material to Lockheed Martin operations.
“Industrial Defender’s expertise in cyber security for critical infrastructure is a natural extension of our commercial cyber security business,” said Marillyn Hewson, Lockheed Martin chairman, president and CEO. “Their experience in addressing cyber threats to industrial control systems complements our information technology cyber security expertise and strengthens the value we deliver to our customers.”
Industrial Defender is a privately held company based in Foxborough, Mass., with more than 130 employees in three facilities.
For more information, visit www.lockheedmartin.com.