Market Share of Defense Cyber Security Industry
The defense cyber security market is highly competitive. Some major players in this industry are Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales S.A., Boeing Company, IBM Corporation, and Cisco Systems Inc., among others. The defense cyber security market is a highly regulated industry that depends on government regulations and initiatives for any change in its dynamics.
In July 2023, Raytheon Company announced a new mentorship agreement with Node.Digital. It is a company specializing in digital transformation, intelligent automation, and artificial intelligence/machine learning services under the Department of Homeland Security's Mentor-Protégé Program, where Raytheon will work with Node.Digital on capturing new business, positioning them to bid as a prime and mitigating program risk. Raytheon will support them in enhancing their capability to participate in advanced programs with complex cybersecurity engineering requirements and Node. Digital will receive guidance on business development strategy, engineering, and strategic planning processes.
In April 2023, SAIC was selected for a USD 889 million contract by the (FEDSIM) in support of (DCSA) in order to develop and implement One IT. IT modernization to DCSA's systems will be carried out by one IT. SAIC (Science Applications International Corporation) is to provide DCSA with support as a prime contractor for One IT to simplify and standardize its information technology environment with a view to ensuring that it is cloud-ready. SAIC’s work will include planning and systems architecture development; digital; network, database, and storage engineering; service desk support; cybersecurity and IT application development and sustainment.
Defense Cyber Security Market Leaders
General Dynamics-CSRA
Raytheon Technologies Corporation
SAIC
Lockheed Martin Corporation
CACI International Inc.
*Disclaimer: Major Players sorted in no particular order
