) has unveiled its SureView Version 6.7 solution to support U.S.
federal agencies. The main objective behind the introduction of
this new technology is to implement an insider threat detection
program to counter national security threats and protect privacy
rights. The company's Intelligence and Information Systems
business segment will be responsible for this solution upgrade
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Raytheon's SureView is an information-protection solution, which
recognizes and supports investigations on users throughout a
project. This technology helps to shield organization information
and control insider threats utilizing an integrated and
enterprise-wide system. It can efficiently detect unauthorized
access to information and unauthorized transfer of information.
In addition, SureView puts together a set of traits to confine
threats in complex desktop applications. The gathered data can be
viewed in video-like, near real-time replay that shows the user's
actions, including mouse movements, keyboard usage, websites
visited and documents opened. This system also has sophisticated
detection facilities including malware detection and
The SureView Version 6.7 solution offers easy policy formation
through a new "policy wizard". This wizard enables users to
identify information that can be accessed and the ones which are
inaccessible, thus protecting civil liberties and personal
privacy. This solution also enables the integration of the
collected data in the Security Information and Event Management
system for analysis and further improvement of security policies
Raytheon introduced this new system to comply to President Barack
Obama's memorandum released in Nov, 2012. Due to a rise in
security compromises and terrorist activities, the U.S.
government has currently increased its focus on countering these
threats. As an important provider of insider threat solutions to
the U.S. government, Raytheon strives to maintain its track
record by upgrading its SureView system to strengthen the
national security mechanism. The company has been a trusted
partner to numerous federal bodies as well as several Fortune 100
companies since 2001.
We believe the introduction of sophisticated technology-enabled
SureView Version 6.7 solution will enable the company to get more
contracts from the government and corporate organizations, which
may subsequently improve its future performance.
Raytheon is a well-positioned large-cap defense player, with a
non-platform-centric focus. It had strong order bookings and
order backlog of approximately $26.5 billion and $36.2 billion,
respectively, at the end of 2012.
However, these positives are offset by apprehensions over future
growth of the U.S. defense budget, the fate of high-cost
programs, risks related to key project executions and order
Raytheon Company currently has a Zacks Rank #3 (Hold). Other
stocks from the sector that are presently performing well include
The Boeing Company
Lockheed Martin Corporation
Rockwell Collins Inc.
), all carrying a Zacks Rank #2 (Buy).
Waltham, MA.-based Raytheon Company is a technology and
innovation leader specializing in defense, homeland security and
other government markets throughout the world.