Raytheon UK has started a contest for small- to medium-sized enterprises in the U.K. to research and develop ideas for defending against cyber threats.
The competition calls on cyber workers from SMEs to submit research proposals that address current and emerging online risks, application development and other customer concerns, Raytheon said Thursday.
Target industries for the contest include the advanced electronics, defense and aerospace fields.
“Raytheon believes that building a community of small- to medium-sized enterprises to work collaboratively is essential to delivering UK cyber projects,” said Bob Delorge, Raytheon UK chief executive.
“The company does see the need to build a collaborative group that can better embrace R&D and joint development in order to get capability to market faster, both in the UK and for export,” said Delorge.
Raytheon launched the contest at a company event in Cheltenham and will award a $64,000 prize to the winning team in November.