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  • Friday, April 19, 2024

DHS Moving Ahead On Potential $390B Border Security Program

CBP photo
CBP photo

The Department of Homeland Security is continuing the demonstration phase of a $390 million project to build a virtual border fence, Washington Technology reports.

Boeing (NYSE: BA), Northrop Grumman (NYSE: NOC), Lockheed Martin (NYSE: LMT), Raytheon (RTN) and a team led by General Dynamics (NYSE: GD) and EADS are competing for the program, according to the report.

Citing a DHS notice, Nick Wakeman writes the demonstration phase would begin by mid-third quarter of 2013, which starts April 1 and ends June 30.

That demonstration would occur after DHS narrows down the field and an award to build the system could come down before the fiscal year ends in September, the report said.

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