Lockheed Martin To Acquire Cybersecurity Solutions Co.

Law360, New York (March 12, 2014, 5:58 PM EDT) -- Aerospace and defense behemoth Lockheed Martin Corp. is acquiring cybersecurity solutions company Industrial Defender for an undisclosed price, the companies announced Wednesday.

The move comes as Lockheed further builds the security side of its business, following a related acquisition last year.

Founded in 1996, Foxborough, Mass.-based Industrial Defender provides an array of control systems products and services to companies in the oil and gas, chemical, water and utility sectors. The company says its products are used by more than 400 companies in 25 countries.

“Industrial Defender’s expertise...
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