Business
Intrusion Inc. Announces $2.0 Million Contract with the U.S. Department of Defense for Cybersecurity Services
PLANO, TX / ACCESSWIRE / September 26, 2024 / Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, today announced a $2.0 million
About this update from Intrusion Inc.
[{"type":"text","content":"PLANO, TX / ACCESSWIRE / September 26, 2024 / Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, today announced a $2.0 million contract with the U.S. Department of Defense (DoD) to support its cybersecurity efforts.This contract, facilitated through a prime contractor, represents a substantial addition to the Company's portfolio and underscores Intrusion's commitment to enhancing national security through advanced cyber-attack prevention measures. Under this new contract, the Company will deliver a tailored solution based on a combination of Intrusion's products and intellectual property, including Intrusion Shield and TraceCop, as well as consulting services designed to fortify the DoD's resiliency and security efforts. The scope of work encompasses Intrusion's full range of capabilities, including high-speed metadata extraction, contextual flow enrichment, advanced threat analytics, and continuous network monitoring to provide actionable insights to defend against cyber threats.\"We are honored to support the Department of Defense in its mission to protect our national security,\" said Tony Scott, CEO of Intrusion. \"This contract is not only a testament to the strength of our technology and the expertise of our team but also demonstrates the increasing acceptance of Intrusion Shield by the government sector. Intrusion is committed to enhancing cybersecurity effectiveness and our technology will help ensure that U.S. systems remain robust and adaptive in the face of evolving cyber threats. We look forward to delivering comprehensive solutions that will significantly enhance the Department of Defense's operational effectiveness and security posture.\"The period of performance for this contract is 12 months, during which Intrusion will work closely with DoD personnel and commercial partners to ensure the highest standards of security and operational efficiency are met. Intrusion's team of experts is dedicated to providing cutting-edge solutions and insights that enhance cyber resiliency, addressing the evolving threats faced by our nation's critical defense infrastructure.This contract will begin contributing to earnings results in the third quarter of 2024, reinforcing the Company's position as a key player in the cybersecurity space of the defense sector. As the Company continues to expand its presenc...