Tuesday, December 30, 2008

There Goes The Neighborhood

"Lockheed Martin Corp. and Boeing Co., the world’s biggest defense companies, are deploying forces and resources to a new battlefield: cyberspace.

"The military contractors, eager to capture a share of a market that may reach $11 billion in four years, have formed new business units to tap increased spending to protect U.S. government computers from attack.

"Chicago-based Boeing set up its Cyber Solutions division in August `because of a realization by the company that it’s a very serious threat,` Barbara Fast, vice president of the unit, said in an interview. `It’s not a question of if we’ll be attacked but when and so how will we be prepared.` Lockheed launched its cyber-defense operation in October."

More at Bloomberg...

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