I D
× COMMENTARYEDITOR'S PAGECOVER STORYIN THE NEWSNEWSFRONTSCHEMENTATOR + Show More
Chemical Engineering MagazineChementator Briefs
Nanofiltration Toray Industries, Inc. (Tokyo, Japan; www.toray.com) has created what…
BUSINESS NEWSTECHNICAL & PRACTICALFEATURE REPORTFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILEEQUIPMENT & SERVICESFOCUSNEW PRODUCTS + Show More SHOW PREVIEWS

Comment IIOT Oil & Gas

Saudi Aramco and Raytheon form cybersecurity joint venture

By Mary Page Bailey |

Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) and Raytheon Co. (Waltham, Ma.; www.raytheon.com), through its subsidiary Raytheon Saudi Arabia, signed a Memorandum of Understanding to establish a joint venture  company that will develop and provide best-in-class cybersecurity services in Saudi Arabia and the  region.


The joint venture company will market and provide integrated defensive cybersecurity software and hardware capabilities, and perform research and development activities.


The JV will increase the cybersecurity protections available to Saudi Aramco, its suppliers, customers and affiliates. It will also help build world-class cyber capabilities in Saudi Arabia and the region.


“We are excited about the joint venture which will support the Kingdom’s Vision 2030 by creating highly skilled jobs for Saudis in the cybersecurity sector and will support the foundation for Saudi Arabia’s economic development,” said Saudi Aramco Senior Vice President of Finance, Strategy & Development Khalid H. Al-Dabbagh.


He added, “Demand for cybersecurity services is expected to grow as companies move further into the digital space and embrace technologies such as Internet of Things and big data. The partnership with Raytheon will help strengthen cybersecurity and enhance its infrastructure in Saudi Arabia and the broader region.”


“Cybersecurity is critical to national and global security,” said Dave Wajsgras, President of Raytheon Intelligence, Information and Services. “This MOU is an important step in creating a joint venture that we see becoming the cornerstone of cybersecurity defenses in the region.”

Related Content

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
How separation processes profit from Industrial Internet of Things (IIoT) solutions
Up to 80% increased production rates in plastic recycling
Higher throughput and purity in sodium bicarbonate production with up to 15% less energy consumption
Help feeding nations with chemical filtering technologies
Not at the forefront of Industry 4.0?

View More

Live chat by BoldChat