BETHESDA, D.C., March 13 (UPI) -- Industrial Defender, a Massachusetts-based provider of cyber-security solutions for industry, is being acquired by Lockheed Martin.
Lockheed said on Wednesday that subject to customary closing conditions being met, the takeover is expected to be completed within 30 days.
Terms of the acquisition were not disclosed and Lockheed said they "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 chief executive officer. "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 primarily serves customers in the oil and gas, utility and chemical industries.
"Lockheed Martin is a leader in cyber technology and IT security," Industrial Defender Chief Executive Officer Brian M. Ahern said. "We share a common perspective on the importance of protecting global critical infrastructure from an increasingly hostile threat landscape.
"The combined capabilities of Industrial Defender and Lockheed Martin will enable us to offer a comprehensive suite of technology and services designed to face modern day threats and business challenges to both enterprise information and operational technologies."
