Major Defence Company Adopts Blockchain
The security and aerospace company Lockheed Martin has contracted Guardtime Federal to provide blockchain cyber security. Guardtime Federal will be a key supplier to integrate a variety of cyber-related elements into systems engineering processes, supply chain risk management and software development efforts.
According to cnet.com, it’s the first US defense contractor to adopt blockchain as part of its security approach.
A blockchain is a type of secure database that maintains a constantly expanding list of records. Each record, or block, contains a link to a previous block. This makes them inherently resistant to modification by outside sources.
“These new cyber security approaches will enhance data integrity, speed problem discovery and mitigation,” said Ron Bessire, Lockheed Martin’s Engineering and Technology vice president. “The faster our developers can discover issues, the faster we can deliver.”
Lockheed Martin is the world’s largest defense contractor. The majority of its revenue comes from US military contracts. Guardtime Federal is likewise the world’s biggest in its own field, blockchain cybersecurity.
According to Lockheed’s announcement on its website, since 2015, the two companies have conducted demonstrations of data integrity technologies to address the threat of manipulation in networked and weapon system embedded cyber physical systems.
With this effort, Lockheed Martin becomes the first US defense contractor to incorporate blockchain technology into its developmental processes, enabling more efficient and assured offerings to the federal government.
To realize the next leap forward, Guardtime Federal crafted a consortium of some of the most advanced cyber-centric small businesses in the field: Galois, ForAllSecure and Trail of Bits. All consortium participants are performers on the most advanced DARPA cyber-focused developments.
Lockheed Martin regularly partners with small businesses to augment its robust cyber capabilities. This new aerospace collaboration between a prime and a small business cyber consortium not only meets Department of Defense guidelines for small businesses set-aside, it also leverages the innovative dynamic nature of small, agile industry partners.
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