Deals
NATO to Seek Bids for $3.2 Billion in Satellite, Cyber Security
- Alliance earmarks most funds for satellite communications
- Funding projects show adjustment to new security threats
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The North Atlantic Treaty Organization plans to open the way next month for businesses to bid for about 3 billion euros ($3.2 billion) in orders for satellite communications, air and missile defenses, cyber security and advanced software.
The planned NATO contracts, due to be outlined at an industry conference in Ottawa April 24-26, reflect the alliance’s adjustment to new security threats including Russian meddling in eastern Europe, Mideast migration, Islamic terrorism and cyber attacks.