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Cubic Corp. Buys Risk-Mitigation Firm Abraxas for $124 Million in Cash

San Diego-based Cubic Corporation announced today its acquisition of Abraxas Corporation, the national security, law enforcement and homeland security risk-mitigation firm based in Herndon, Va. Cubic paid $124 million in cash, and the acquisition is expected to close in December 2010. Abraxas, which has more than 280 operational and technical experts, will become a wholly [...]

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What is the Most Dire Cybersecurity Threat?

The New New Internet asked a host of cybersecurity industry expert what security issue they felt was most pressing. Here’s what Lance Cottrell of Abraxas had to say on the matter: “Malware is really becoming one of the biggest issues,” he said. “Especially what I describe as spear-phishing type malware attacks where this is not [...]

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Abraxas’ Chief Scientist Lance Cottrell’s Path to Cyber Career

From astronomy to cybersecurity, Lance Cottrell’s career path has not been the most direct one. But it makes sense: While Cottrell was pursuing graduate studies in astrophysics in the early 1990s, he had direct access to the Internet at a time where no one outside the scientific community did. It was this kind of exposure [...]

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John Brennan Appointed Deputy National Security Adviser for Homeland Security

President-elect Barack Obama has announced that John Brennan will serve as White House homeland security adviser and deputy national security adviser for counterterrorism. 
 A 25-year veteran of the CIA, Brennan transitioned in recent years to the private sector, where he has worked as president of The Analysis Corporation (TAC). His pick as head homeland security [...]

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Security Tech Firms Signs On to Long-Term Lease

The Abraxas Corp., a national security technology firm has signed a 10 year lease at Wordgate Plaza, according to the CoStar Group, a commercial real estate company. The deal gives Abraxas 21,000 square feet and the full third floor of the Herndon, Virginia-based address. The four-building, eight-floor Worldgate Plaza was bought in 2007 for $109 [...]

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