Raytheon closes Oakley buy

Raytheon Co. has completed its purchase of Oakley Networks Inc., a provider of cybersecurity and data leakage prevention systems. Terms were not disclosed.

The acquisition, which was announced last month, is intended to enhance Raytheon's information security capabilities, Raytheon said. As such, the purchase creates a strong synergy between Raytheon's software systems expertise and Oakley's enterprise monitoring solutions.

Oakley Networks of Salt Lake City will now operate as Raytheon Oakley Systems Inc., and will be part of Raytheon Intelligence and Information Systems in Garland, Texas.

Raytheon of Waltham, Mass., ranks No. 6 on Washington Technology's 2007 Top 100 list of the largest federal government prime contractors.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
contracts DB


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More