Saturday, December 5, 2015

Lockheed Martin Corp. To Exit Commercial Cybersecurity, Double-Down On Helicopters And Combat Jets

Lockheed Martin Corp. has been planning to sell off or spin off its roughly $4 billion government information technology business since earlier this year. That would include its Cybersecurity unit. "The cyber programs that will remain with the company are mostly focused on defense and intelligence customers and will be realigned into the Corporation’s other four business segments" says Dan Nelson, Vice President, Corporation Communications at Lockheed.

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