Lockheed Martin and EMC to Establish Cyber Security Center in Israel

The two companies will invest $1 million to set up the project in Beersheva.
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Security Center / Illustration- Getty
Lockheed Martin Corporation (NYSE: LMT) and EMC Corporation (NYSE: EMC) – are cooperating to establish a joint “advanced technology projects” in the fields of cloud computing, data analytics and related cyber technologies in BeerSheva.
The companies did not mention financial details or the scale of the activity, but they will reportedly invest $1 million to set up the project.

The investment is intended for the employment of local workers, including from Ben Gurion University of the Negev, which is a partner in Beersheva’s information security laboratory, and the solutions developed at the center will be integrated in technological solutions offered by Lockheed Martin and EMC.

In November, the Prime Minister’s Office joined with EMC to establish the tech park in Beersheba as a hub for security.

“Israel’s entrepreneurial and academic communities offer a unique combination of talent, innovation and pioneering spirit, ” said Orna Berry, vice president and general manager of EMC’s Israel Center of Excellence.

“We expect this collaboration with Lockheed Martin will help EMC continue to rapidly accelerate our important research and development and contribution to the success of Israel’s mission to be a leader in innovation on the global stage.”

Although EMC has been part of the Israeli high-tech ecosystem for a long time, and is a leader player in information security in the country at its development center in Herzliya, Lockheed Martin is a new partner. The company is well known for its aviation and defense products, but it is also one of the largest computer services contractors in the world, for the defense industry.

Lockheed Martin revealed few monthes ago its plans to compete in the tender for the establishment of the IDF Intelligence Corp’s Five Industries technology campus in the Negev, at an estimated cost of NIS 1 billion. In addition to this activity, Lockheed Martin plans to expand its computer activity in Israel, especially in information security.

Lockheed Martin VP international engineering and technology John Evans said, “We recognize evolving global needs, as well as the wealth of innovation taking place within Israel and its universities.”

 

 

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