13 March 2014
Lockheed Martin (NYSE: LMT) said it 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.
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 is a privately held company headquartered in Foxborough, Mass., with more than 130 employees in three facilities. The company´s solutions, including Industrial Defender Automation Systems Manager, help protect and manage critical infrastructure by reducing cyber risks, easing regulatory compliance and enhancing the efficiency of customers´ control environments.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 115,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products and services. Its website is at http://www.lockheedmartin.com