Harris Corporation Acquires Crucial Security, Inc., a Premier Provider of Cyberspace Solutions for Law Enforcement and Intellige
April 16 2009 - 2:00PM
PR Newswire (US)
Acquisition Expands Harris Cyber Capabilities and Customer Base in
Key Growth Market WASHINGTON and MELBOURNE, Fla., April 16
/PRNewswire-FirstCall/ -- Harris Corporation (NYSE:HRS), an
international communications and information technology company,
has completed its acquisition of privately held Crucial Security,
Inc., expanding Harris capabilities and customer footprint in the
cyber security market. Crucial Security has approximately 110
employees located primarily in Chantilly, Virginia. Crucial
Security offers an array of mission-enabling engineering solutions
that address both offensive and defensive IT security challenges.
The company provides critical support to federal law enforcement
and other U.S. government agencies. Their core cyber competencies:
-- enable customers to launch sophisticated attacks against their
own systems to determine network vulnerabilities; -- defend against
outside attacks utilizing technology such as malicious code reverse
engineering to determine the functionality of hostile programs; --
include predictive capabilities that allow for large-scale,
high-speed bulk analysis, visualization, and graphic display of
mission-critical data; and -- include cutting-edge computer
forensics for the extraction and examination of counterintelligence
and counterterrorism evidence that may be stored on captured
computer hard drives or other digital storage media. "Crucial
Security's deep understanding of both offensive and defensive cyber
security, unparalleled software engineering domain expertise, and
immensely talented employees -- most of whom have high-level
security clearances -- add significantly to our current initiatives
in the fast-growing cyber security market," said Howard L. Lance,
chairman, president and CEO of Harris. "With this acquisition and
the recent hiring of Dale Meyerrose, former CIO (Chief Information
Officer) for the Intelligence Community, we have greatly expanded
our leadership and expertise in cyber and information assurance.
Crucial Security is deeply embedded with its customers and has key
contracts with federal law enforcement and intelligence agencies.
The company's services and solutions have broad applications to the
Law Enforcement Community, all agencies within the Intelligence
Community, Department of Defense, and civilian markets." "Crucial
Security has a solid track record with high levels of customer
satisfaction and technical excellence," said Meyerrose, vice
president of Cyberspace Solutions for Harris. "As part of Harris,
Crucial Security will continue to provide the same outstanding
level of service to its existing customer base while taking
advantage of the additional scale economies and technical
resources." Meyerrose is a retired U.S. Air Force Major General and
was named vice president of Harris Cyberspace Solutions, a newly
created position, in January. He is responsible for leading all
aspects of strategy, business development, and program execution
for the company's cyberspace business. Harris has been using
state-of-the-art technology assessment techniques and architecture
engineering for decades to define and operate secure networks
supporting nationally critical programs. The company's technology
countermeasures and monitoring capabilities, backed by more than
200 cyber professionals, proactively safeguard vital information
assets supporting the missions of U.S. military, intelligence,
transportation, and commerce customers. The company currently
supports three of the nation's largest secure networks, including
the FAA Telecommunications Infrastructure, the National
Reconnaissance Office network, and the Navy and Marine Corps
Intranet. About Harris Corporation Harris is an international
communications and information technology company serving
government and commercial markets in more than 150 countries.
Headquartered in Melbourne, Florida, the company has annual revenue
of more than $5.4 billion and 16,000 employees -- including nearly
7,000 engineers and scientists. Harris is dedicated to developing
best-in-class assured communications(R) products, systems, and
services. Additional information about Harris Corporation is
available at http://www.harris.com/. Forward-Looking Statement This
press release contains forward-looking statements that reflect
management's current expectations, assumptions and estimates of
future performance and economic conditions. Such statements are
made in reliance upon the safe harbor provisions of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. The company cautions investors that any
forward-looking statements are subject to risks and uncertainties
that may cause actual results and future trends to differ
materially from those matters expressed in or implied by such
forward-looking statements. Statements about the expected value of
the program to Harris are forward-looking and involve risks and
uncertainties. Harris disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise. DATASOURCE:
Harris Corporation CONTACT: Sleighton Meyer, +1-321-727-6514,
Harris Government Communications Systems, , Marc Raimondi,
+1-202-729-3732, Harris Corporation - Washington, D.C., , Jim
Burke, +1-321-727-9131, Harris Corporation, Web Site:
http://www.harris.com/
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