Business
Contract Expansion
Shearwater Group PLC has announced an expansion of its existing contract with a central Government department for threat intelligence services, increasing the total contract value to approximately £1 million over three years. This expansion reflects an extended duration and increased service consumption, supporting the delivery of existing financial year 2026 market expectations and the department's new shared services model for consolidating threat intelligence across smaller Government organizations. Disclaimer*
About this update from Shearwater Group Plc
[{"type":"text","content":"\n\n23 December 2025\n \nShearwater Group PLC\n(\"Shearwater\", or the \"Group\")\n \nContract Expansion\n \nShearwater Group plc, the cybersecurity, advisory and managed security services group, is pleased to announce the expansion of its existing contract with a central Government department for the provision of threat intelligence services supporting its internal security operations.\n \nThe expanded contract has a total contract value (\"TCV\") of c.£1 million over a three-year term, reflecting both an extension of the contract duration and an increase in services consumed, and supports the delivery of existing FY26 market expectations. \n \nUnder the expanded arrangement, the Government department is consolidating threat intelligence services for smaller Government organisations, through an internal shared services model and acting as the lead organisation.\n \nPhil Higgins, Chief Executive Officer, commented: \"This expansion demonstrates the strength of our relationship with a central Government customer and the value of our threat intelligence solutions. Extending the term and increasing service consumption supports the department's shared services model while providing a platform for further growth.\"\n \nEnquiries\n \n\n\n\n\nShearwater Group plc\nDavid Williams, Chairman\nPhil Higgins, CEO\nJonathan Hall, CFO\n \n\n\nwww.shearwatergroup.com\nc/o Alma\n\n\n\n\nCavendish Capital Markets Limited - NOMAD and Broker\nAdrian Hadden / Ben Jeynes - Corporate Finance\nDale Bellis / Michael Johnson - Sales\n \n\n\n+44 (0) 20 7397 8900\n\n\n\n\nAlma Strategic Communications\nJustine James / Joe Pederzolli / Emma Thompson\n\n\[email protected]\n+44 (0) 20 3405 0205\n\n\n\n\n \nAbout Shearwater Group plc\nShearwater Group plc is an award-winning group providing cyber security, managed security and professional advisory solutions to create a safer online environment for organisations and their end users.\n \nThe Group's differentiated full service offering spans identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security need...