Booz Allen Awarded First-Ever NASA Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) Contract

Rhea-AI Summary

Booz Allen Hamilton (NYSE: BAH) has been awarded the NASA Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract with a total potential value of $622.5 million. The hybrid IDIQ contract will centralize cybersecurity efforts across NASA, supporting all centers from May 31, 2022 to September 30, 2023, with options extending to September 2030. Booz Allen will enhance NASA's cybersecurity posture by implementing standards, management, and engineering for both IT and operational technology systems.

Positive

• Awarded the NASA CyPrESS contract valued at $622.5 million, enhancing future revenue streams.
• Centralizes cybersecurity across NASA, promoting operational efficiencies.
• Established long-standing partnership with NASA, enhancing credibility and business opportunities.

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• None.

MCLEAN, Va.--(BUSINESS WIRE)-- Booz Allen Hamilton (NYSE: BAH) announced today it was awarded the National Aeronautics and Space Administration (NASA) Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract—a hybrid indefinite-delivery/indefinite-quantity (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). For the first time, this contract brings together all aspects of cybersecurity across the NASA enterprise under one contract to include IT systems, operational technology systems, and mission systems. Work will support all NASA centers and facilities from May 31, 2022 through September 30, 2023, with four option periods running through September 2030.

As NASA seeks to centralize cybersecurity across the agency, Booz Allen will support key task areas including development and implementation of NASA’s cybersecurity standards, architecture, and engineering, as well as delivery, oversight, and program management of cybersecurity and privacy services.

“We’re honored that NASA has awarded Booz Allen with the groundbreaking CyPrESS IDIQ contract, which seeks—for the first time—to centralize NASA’s cybersecurity posture under one strategic line of work,” said Andrea Inserra, executive vice president at Booz Allen Hamilton. “We recognize that NASA’s current cyber needs must advance and evolve to protect its more complex missions of the future, and we look forward to building on our long-standing partnership to support NASA’s important research, missions, and operations—paving the way to send humans beyond the Moon to Mars—while protecting its people, assets, and information from threats.”

As the largest provider of cybersecurity solutions and services in North America, the prime digital integrator for the Department of Defense, and trusted partner for national, defense, and civil space efforts for more than 50 years, Booz Allen is well positioned to meet this mission. With this contract, Booz Allen builds upon its deep partnership with NASA—dating back to the agency’s creation in 1958 and assisting with the theoretical trajectory that put the first man on the Moon—by providing these services to all NASA centers and facilities.

“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,” said Eric Hoffman, vice president at Booz Allen. “Booz Allen is excited to support NASA’s enterprise-centric transformation by providing cyber defense, vulnerability discovery, and incident response services to mitigate risks, as well as cybersecurity engineering and automation solutions to enhance timely, risk-based decisions.”

Read more about Booz Allen’s commitment to supporting NASA, how the firm advances critical space missions, and Booz Allen’s mission-critical cybersecurity expertise.

About Booz Allen Hamilton

For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by its most sensitive agencies. We work shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision.

With global headquarters in McLean, Virginia, our firm employs nearly 29,500 people globally as of March 31, 2022, and had revenue of $8.4 billion for the 12 months ended March 31, 2022. To learn more, visit www.boozallen.com. (NYSE: BAH)

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Media Relations: Amanda Allison-Martini

Investor Relations: Laura Adams

Source: Booz Allen Hamilton Holding Corporation

FAQ

What is the value of Booz Allen Hamilton's NASA CyPrESS contract?

The NASA CyPrESS contract awarded to Booz Allen Hamilton is valued at $622.5 million.

How long will Booz Allen Hamilton provide services under the NASA CyPrESS contract?

Booz Allen Hamilton will provide services under the NASA CyPrESS contract from May 31, 2022, to September 30, 2023, with options extending through September 2030.

What does the NASA CyPrESS contract aim to achieve?

The NASA CyPrESS contract aims to centralize cybersecurity across NASA's operations, improving standards and oversight.

What areas will Booz Allen Hamilton support under the NASA CyPrESS contract?

Booz Allen Hamilton will support cybersecurity standards, architecture, engineering, and program management for NASA.

When was the NASA CyPrESS contract awarded to Booz Allen Hamilton?

The NASA CyPrESS contract was announced on June 7, 2022.