Cybersecurity
Lockheed Promises Electric-Grid Security for $1.3 Billion Market
This article is for subscribers only.
Lockheed Martin Corp. is selling its military and intelligence expertise to electric utilities as the world’s largest defense contractor tries to exploit a U.S. push to guard power grids from terrorists and hackers.
Lockheed plans to enter the projected $1.3 billion market for utility cybersecurity next month with Palisade, a software program developed in partnership with American Electric Power Co. of Columbus, Ohio. The program alerts power companies to hacker intrusions and attacks on their electronic systems.