ECS Joint Venture 1CyberForce Wins Spot On $20B Cybersecurity Vehicle
ECS, an ASGN brand, through its joint venture 1CyberForce with Yakshna Solutions, has secured a position on a $20 billion cybersecurity blanket purchase agreement (BPA) with the U.S. Department of the Treasury. The contract, known as PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services), includes a one-year base period with seven one-year options.
The partnership will deliver cybersecurity solutions to protect Treasury assets and data while enabling innovation and cost savings. ECS brings its expertise in security operations, managed security services, and incident management. The company operates an enterprise-class security operations center (SOC) and holds over 14,700 technology certifications. Notably, ECS ranked second on MSSP Alert's 2024 list of top managed security service providers.
ECS, un marchio di ASGN, attraverso la sua joint venture 1CyberForce con Yakshna Solutions, ha ottenuto una posizione su un accordo di acquisto in blocco per la cybersecurity da 20 miliardi di dollari (BPA) con il Dipartimento del Tesoro degli Stati Uniti. Il contratto, noto come PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services), include un periodo base di un anno con sette opzioni di un anno.
La partnership fornirà soluzioni di cybersecurity per proteggere gli asset e i dati del Tesoro, consentendo al contempo innovazione e risparmi sui costi. ECS porta la sua esperienza nelle operazioni di sicurezza, nei servizi di sicurezza gestiti e nella gestione degli incidenti. L'azienda gestisce un centro operativo di sicurezza (SOC) di classe enterprise e detiene oltre 14.700 certificazioni tecnologiche. È notevole che ECS si sia classificata al secondo posto nella lista 2024 di MSSP Alert dei migliori fornitori di servizi di sicurezza gestiti.
ECS, una marca de ASGN, a través de su empresa conjunta 1CyberForce con Yakshna Solutions, ha asegurado una posición en un acuerdo de compra en bloque de ciberseguridad de 20 mil millones de dólares (BPA) con el Departamento del Tesoro de EE. UU. El contrato, conocido como PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services), incluye un período base de un año con siete opciones de un año.
La asociación proporcionará soluciones de ciberseguridad para proteger los activos y datos del Tesoro, al tiempo que permitirá la innovación y el ahorro de costos. ECS aporta su experiencia en operaciones de seguridad, servicios de seguridad gestionados y gestión de incidentes. La empresa opera un centro de operaciones de seguridad (SOC) de clase empresarial y posee más de 14,700 certificaciones tecnológicas. Notablemente, ECS ocupó el segundo lugar en la lista 2024 de MSSP Alert de los mejores proveedores de servicios de seguridad gestionados.
ECS, ASGN 브랜드로, Yakshna Solutions와의 합작 투자 1CyberForce를 통해 미국 재무부와 200억 달러 규모의 사이버 보안 블랭킷 구매 계약(BPA)을 체결했습니다. 이 계약은 PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services)로 알려져 있으며, 1년의 기본 기간과 7개의 1년 옵션을 포함합니다.
이 파트너십은 재무 자산과 데이터를 보호하는 사이버 보안 솔루션을 제공하며, 혁신과 비용 절감을 가능하게 합니다. ECS는 보안 운영, 관리형 보안 서비스 및 사고 관리에 대한 전문성을 제공합니다. 이 회사는 기업급 보안 운영 센터(SOC)를 운영하며 14,700개 이상의 기술 인증을 보유하고 있습니다. 특히, ECS는 MSSP Alert의 2024년 관리형 보안 서비스 제공업체 상위 목록에서 두 번째로 선정되었습니다.
ECS, une marque de ASGN, grâce à sa coentreprise 1CyberForce avec Yakshna Solutions, a obtenu une position dans un contrat d'achat en gros de cybersécurité de 20 milliards de dollars (BPA) avec le Département du Trésor des États-Unis. Le contrat, connu sous le nom de PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services), comprend une période de base d'un an avec sept options d'un an.
Le partenariat fournira des solutions de cybersécurité pour protéger les actifs et les données du Trésor tout en permettant l'innovation et des économies de coûts. ECS apporte son expertise en opérations de sécurité, services de sécurité gérés et gestion des incidents. L'entreprise exploite un centre d'opérations de sécurité (SOC) de classe entreprise et détient plus de 14 700 certifications technologiques. Notamment, ECS s'est classé deuxième dans la liste 2024 de MSSP Alert des meilleurs fournisseurs de services de sécurité gérés.
ECS, eine Marke von ASGN, hat durch sein Joint Venture 1CyberForce mit Yakshna Solutions eine Position in einem 20 Milliarden Dollar umfassenden Rahmenvertrag für Cybersicherheit (BPA) mit dem US-Finanzministerium gesichert. Der Vertrag, bekannt als PROTECTS (Providing Treasury Enterprise Cybersecurity Technology & Services), umfasst eine Grundlaufzeit von einem Jahr mit sieben einjährigen Optionen.
Die Partnerschaft wird Cybersicherheitslösungen bereitstellen, um die Vermögenswerte und Daten des Finanzministeriums zu schützen und gleichzeitig Innovationen und Kosteneinsparungen zu ermöglichen. ECS bringt seine Expertise in den Bereichen Sicherheitsoperationen, verwaltete Sicherheitsdienste und Vorfallmanagement ein. Das Unternehmen betreibt ein Sicherheitsoperationszentrum (SOC) der Unternehmensklasse und hält über 14.700 Technologiezertifizierungen. Bemerkenswert ist, dass ECS im Jahr 2024 auf der Liste der besten Anbieter von verwalteten Sicherheitsdiensten von MSSP Alert den zweiten Platz belegte.
- Secured position on $20B Treasury cybersecurity contract
- Contract includes 8-year potential duration (1 base + 7 option years)
- Ranked #2 on MSSP Alert's 2024 top security providers list
- Holds over 14,700 technology certifications
- None.
Insights
This $20 billion Treasury PROTECTS BPA win for 1CyberForce represents a strategic advancement for ASGN's federal market position. The mentor-protégé joint venture structure between ECS and Yakshna Solutions is particularly significant as it leverages small business contracting advantages while maintaining ASGN's technical capabilities and past performance.
The BPA's structure (one-year base with seven option years) provides a long-term pathway to Treasury cybersecurity work. However, investors should understand that BPAs don't guarantee revenue – they function as pre-approved contract vehicles where awardees still compete for individual task orders against other vendors on the vehicle.
What makes this win notable is the Treasury Department's cybersecurity spending priority and the comprehensive scope covering security operations, incident management, and vulnerability management. ECS's existing security operations center infrastructure and experience supporting other federal agencies (Army, DHS) positions them competitively for task order competitions.
The MSSP Alert ranking (2nd globally) reinforces ECS's competitive advantage in managed security services – a high-demand area as federal agencies increasingly adopt managed service models to address cyber talent shortages. This credential strengthens their position for securing recurring revenue streams under this vehicle.
This Treasury BPA represents potential long-term value for ASGN's federal contracting division. While the $20 billion figure represents the total contract ceiling across all awardees (not guaranteed revenue for ASGN), securing a position on this vehicle is strategically valuable for three reasons:
First, it diversifies ASGN's federal client base by strengthening its Treasury Department footprint. Federal cybersecurity contracts typically offer more stable revenue compared to commercial contracts during economic fluctuations, providing potential downside protection.
Second, the eight-year potential duration aligns perfectly with ASGN's need for predictable long-term revenue opportunities. Cybersecurity services often involve recurring managed services components that generate steadier revenue streams than project-based work.
Third, this strengthens ECS's credentials in the high-margin federal cybersecurity space. The joint venture approach with Yakshna also demonstrates ASGN's ability to structure partnerships to access set-aside contracts that might otherwise be unavailable.
Looking at ASGN's market positioning, the recognition as the second-ranked managed security provider highlights their competitive strength in a specialized, high-demand sector. With federal cybersecurity spending remaining a budget priority regardless of administration changes, this vehicle provides multi-year access to a resilient spending category.
Joint venture between ECS and Yakshna Solutions will provide cost-saving cybersecurity solutions to the
The Providing Treasury Enterprise Cybersecurity Technology & Services (PROTECTS) BPA has a one-year base ordering period and seven one-year option periods. It enables the Treasury, its bureaus, and departmental offices to access 1CyberForce for cybersecurity solutions and services that will enhance the protection of Treasury assets and data, enable innovation, and provide cost savings.
Through PROTECTS, ECS will leverage its extensive expertise in commercial and federal security operations, managed security services, incident and vulnerability management, and enhanced adversary-focused operations to advance the Treasury Department’s security posture.
“We are thrilled to earn a spot on the PROTECTS vehicle and expand our support of the Department of the Treasury,” said John Heneghan, president of ECS. “This award is a significant milestone for our joint venture. It showcases our unmatched cybersecurity expertise and innovative, AI-enabled cybersecurity solutions. It demonstrates our commitment to safeguarding critical federal infrastructure and taxpayer information across an ever-evolving threat landscape.”
With its leading, enterprise-class security operations center (SOC) and managed security service expertise, ECS has long protected mission-critical assets and infrastructures, including those of the
About ECS
ECS, a key segment of ASGN Incorporated, is a trusted IT systems integrator serving government agencies. ECS provides modern digital solutions that enable fast and efficient decision making and support the effective execution of government agency operations.
ECS’ leading-edge AI, cybersecurity, and open data management solutions boost collaboration, innovation, and worker productivity, improve employee and customer experiences, and protect critical agency data and assets. For more information, visit ECStech.com.
About ASGN Incorporated
ASGN Incorporated (NYSE: ASGN) is a leading provider of IT services and solutions across the commercial and government sectors. ASGN helps corporate enterprises and government organizations develop, implement, and operate critical IT and business solutions through its integrated offerings. For more information, please visit asgn.com.
Safe Harbor
Certain statements made in this news release are “forward-looking statements” within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding our anticipated financial and operating performance. All statements in this news release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results might differ materially. For a full list of risks and discussion of forward-looking statements, please see our Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 24, 2025. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250325650381/en/
Shab Nassirpour
Vice President, Marketing and Communications, ECS
(703) 270-1540
Shab.Nassirpour@ECStech.com
Kimberly Esterkin
Vice President, Investor Relations, ASGN
Kimberly.Esterkin@ASGN.com
Source: ECS IR
FAQ
What is the value and duration of the Treasury PROTECTS contract awarded to ASGN's ECS?
What services will 1CyberForce provide under the Treasury PROTECTS agreement?
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What was ECS's ranking in the 2024 MSSP Alert's managed security service providers list?
