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Benzinga
Benzinga
Business
Akanksha Bakshi

Booz Allen Secures First-Ever NASA CyPrESS Contract

NASA Booz Allen BAH Cybersecurity National Aeronautics and Space Administration NYSE
  • Booz Allen Hamilton Holding Corporation (NYSE:BAH) has secured the National Aeronautics and Space Administration (NASA) Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract.
  • It is a hybrid IDIQ single-award contract with a total potential value of $622.5 million to provide a complete range of cybersecurity and privacy enterprise solutions and services for NASA's Office of the Chief Information Officer (OCIO).
  • Work under the contract will support all NASA centers and facilities from May 31, 2022, through September 30, 2023, with four option periods running through September 2030.
  • "This single-award CyPrESS contract will enable NASA to establish an enterprise-wide approach to cybersecurity and provide a deeper focus on its operational technology and mission systems along with its IT systems," stated Eric Hoffman, VP at Booz Allen.
  • Price Action: BAH shares are trading lower by 0.98% at $87.17 on the last check Tuesday.
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