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Sealing Technologies Awarded Contract for Deployable Defensive Cyber Operations System - Modular Version 2 (DDS-Mv2) by U.S. Army

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Sealing Technologies (SealingTech), a Parsons company (NYSE: PSN), has been awarded a $9,588,231 fixed-price contract for the U.S. Army's Deployable Defensive Cyber Operations System – Modular version 2 (DDS-Mv2). The DDS-Mv2 is a customized deployable compute-and-data-storage system supporting Cyber Protection Teams' suite of Defensive Cyber Operations (DCO) platforms and tools.

The contract spans 1 base year with 2 one-year option periods. SealingTech's solution provides a highly modular and scalable system allowing warfighters to conduct DCO missions globally, offering robust performance, high scalability, and maximum portability. This award reinforces SealingTech's position as a leader in deploying advanced threat hunting and incident response systems for the Department of Defense.

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Positive

  • Awarded a $9,588,231 fixed-price contract by the U.S. Army
  • Contract includes 1 base year with 2 one-year option periods
  • Reinforces company's position as a leader in defensive cybersecurity solutions for the DoD
  • Provides highly modular and scalable solution for global DCO missions

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News Market Reaction 1 Alert

-0.86% News Effect

On the day this news was published, PSN declined 0.86%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

COLUMBIA, Md., Aug. 7, 2024 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading provider of edge computing and defensive cybersecurity solutions, is proud to announce it has been awarded a $9,588,231 fixed-price contract for the U.S. Army's Deployable Defensive Cyber Operations System – Modular version 2 (DDS-Mv2).

SealingTech has been awarded a $9,588,231 fixed-price contract for the U.S. Army's DDS-Mv2.

The DDS-Mv2 program is a customized deployable compute-and-data-storage system that supports Cyber Protection Teams' suite of Defensive Cyber Operations (DCO) platforms and tools. The program provides a highly modular and scalable solution that allows the warfighter to conduct DCO missions anywhere in the world. Its reduced form factor and enhanced compute and storage provide robust performance, high scalability, and maximum portability—essential elements in maintaining positive control of the DDS-Mv2 while ensuring maximum functionality.

SealingTech has established itself as a leader in deploying advanced threat hunting and incident response systems for the Department of Defense (DoD). By providing these capabilities across various DoD sectors, SealingTech continues to demonstrate its expertise and commitment to enhancing national cybersecurity.

"We're honored to support the U.S. Army in advancing its cyber defense capabilities. SealingTech remains committed to helping the Federal Government and its armed forces continue to be proactive in its hunt forward operations to identify and neutralize cyber threats," says SealingTech CEO, Brandon Whalen.

Wade Saunders, SealingTech's Army Business Development Account Manager, adds "Our intent is to be a mission partner providing the Army Cyber Command's Cyber Protection Brigades innovative tailored capabilities to ensure overmatch over adversaries within the cyber domain."

The contract spans 1 base year with 2 one-year option periods. SealingTech's commitment to excellence and innovation will ensure the successful implementation and evolution of the DDS-Mv2 program, enhancing the cybersecurity profile of the U.S. Army.

About Sealing Technologies 

Sealing Technologies, a Parsons Company (NYSE: PSN), remains a trusted partner in providing powerful edge computing hardware and cybersecurity solutions to protect the federal government and private enterprises. Proudly veteran-founded, SealingTech uses vast cyberspace experience and knowledge to provide cutting-edge research, engineering, and integration services that support the United States and its allies. For more information, visit www.sealingtech.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sealing-technologies-awarded-contract-for-deployable-defensive-cyber-operations-system--modular-version-2-dds-mv2-by-us-army-302216083.html

SOURCE Sealing Technologies

FAQ

What is the value of the contract awarded to Sealing Technologies (PSN) for the DDS-Mv2 program?

Sealing Technologies, a Parsons company (NYSE: PSN), has been awarded a $9,588,231 fixed-price contract for the U.S. Army's Deployable Defensive Cyber Operations System – Modular version 2 (DDS-Mv2) program.

What is the duration of the DDS-Mv2 contract awarded to Sealing Technologies (PSN)?

The contract awarded to Sealing Technologies (PSN) for the DDS-Mv2 program spans 1 base year with 2 one-year option periods.

What capabilities does the DDS-Mv2 system provide to the U.S. Army?

The DDS-Mv2 system provides a highly modular and scalable solution that allows warfighters to conduct Defensive Cyber Operations (DCO) missions anywhere in the world, offering robust performance, high scalability, and maximum portability.

How does the DDS-Mv2 contract impact Sealing Technologies' (PSN) position in the defense industry?

The DDS-Mv2 contract reinforces Sealing Technologies' (PSN) position as a leader in deploying advanced threat hunting and incident response systems for the Department of Defense, demonstrating its expertise and commitment to enhancing national cybersecurity.
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