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CSC Wins Piece of $6 Billion Homeland Security Contract

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Seven months after winning one of 12 slots in an $11 billion Department of Homeland Security, or DHS, contract to provide support services to the U.S. Coast Guard, Computer Sciences Corporation (NYSE: CSC  ) has won a place in yet another multibillion-dollar DHS contract.

CSC announced that DHS has named it as one of 15 prime contractors allowed to bid for "task order" work under a multiple-award blanket purchase agreement known as the "Continuous Diagnostics and Mitigation (CDM), Tools and Continuous Monitoring as a Service" (CMaaS) contract.

The purpose of this contract is to enhance cybersecurity of U.S. government computer networks. Over the course of a one-year initial base period, and a potential four one-year optional periods thereafter, the value of this contract to CSC, and the other prime contractors bidding on the work, could reach $6 billion.

CSC will be offering the government access to its recently launched "Horizon" managed service, whereby the company provides its customers a "customizable enterprise dashboard" that permits "real-time continuous monitoring of their cybersecurity status through the use of vulnerability analysis, exploit discovery, threat remediation and recovery services."

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9/23/2016 4:02 PM
CSC $51.57 Down -0.30 -0.58%
Computer Sciences CAPS Rating: **