Intrusion Inc. announced a $2.0 million contract with the U.S. Department of Defense (DoD) to bolster its cybersecurity efforts. This contract was facilitated through a prime contractor and represents a significant addition to the company's portfolio. It highlights Intrusion's commitment to national security through advanced cyber-attack prevention measures.
Under the terms of this new contract, Intrusion will deliver a tailored solution based on a combination of Intrusion’s products and intellectual property, including INTRUSION Shield and TraceCop. This agreement is expected to positively impact earnings in the third quarter of 2024.
This agreement underscores the critical role Intrusion's technologies play in enhancing the DoD’s cybersecurity posture and operations. The company's expertise in advanced threat intelligence and real-time network monitoring is crucial for protecting government entities, reinforcing its position as a key provider in the government cybersecurity sector.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.