Raytheon VP: New cybersecurity joint venture will be 'formidable' against breaches

April 22, 2015

Sara Castellanos

With its recently announced $1.9 billion stake in a cybersecurity company, Waltham-based defense contractorRaytheon Co. is positioning itself to become a "formidable" force against cyber attackers interested in thwarting the operations of the private sector.

That's according to David Wajsgras, vice president of Raytheon (NYSE: RTN), who said the new joint venture betweenRaytheon and Austin-based computer security software firm Websense will make it one of the "strongest cybersecurity companies in the world."

The proliferation of devices connected to the Internet, commonly referred to as the "the Internet of Things," is adding increased opportunities for cyber attackers.