Home / Contract Awards / Unisys Inks Deal to Help Border Security; Ted Davies Comments

Unisys Inks Deal to Help Border Security; Ted Davies Comments

Unisys (NYSE: UIS) signed a deal with U.S. Customs and Border Protection to work on a new system to identify people and vehicles crossing the U.S. borders with Mexico and Canada.

According to the firm, “the Land Border Integration (LBI) contract has one firm fixed-price base period and four one-year options, which are exercisable at the sole discretion of the government.”

The base term of the deal is worth $29 million and the estimated value of each option year is approximately $25 million.

The contract has a ceiling term of five years and $350 million.

“The [contract] has been an important homeland security initiative, ” said Ted Davies, president of Unisys Federal. “With LBI, we look forward to continuing our work with CBP to help enhance United States border security.”

Check Also

Randy Cole Promoted to NeoSystems SVP for Consulting Services, Product Sales

Randy Cole, formerly vice president of client services at NeoSystems‘ managed accounting services business, has been …

Report: VA, Cerner in Talks Over Terms of 10-Year EHR Modernization Contract

The Department of Veterans Affairs and Cerner (Nasdaq: CERN) are in the final phase of negotiations over …

Subscribe to our Newsletter
I will subscribe later