Bloomberg: DHS Upholds $1B Cyber Contract Award to Raytheon

cybersecurityA spokesman for the Department of Homeland Security said DHS upheld its decision on June 2 to award a potential $1 billion cyber system support contract to Raytheon (NYSE: RTN) following protests by other contract competitors, Bloomberg reported Tuesday.

Jack Harrington, vice president for cybersecurity and special missions at Raytheon’s intelligence, information and services business, told Bloomberg reporter Nafeesa Syeed in an interview that DHS ratified the contract award after the agency completed corrective actions in response to questions by the Government Accountability Office.

DHS selected Raytheon in September as the prime contractor to provide systems integration support for the agency’s network security deployment division that is in charge of cybersecurity efforts at over 100 civilian agencies, Syeed reports.

The contract calls for Raytheon to maintain and operate DHS’ Einstein cyber detection platform as well as create new cyber tools designed to protect federal agencies’ computer networks from cyber threats, said the spokesman for the department, according to the report.

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