KeyW Awarded $100 Million in Software Development and Integration Support Work

8/21/18

HANOVER, Md., Aug. 21, 2018 (GLOBE NEWSWIRE) -- The KeyW Holding Corporation (NASDAQ:KEYW) today announced that it has received a contract award with a classified customer developing critical software solutions. The award has an expandable scope, and includes an initial total value exceeding $100 million over the next four to five years. This award includes a combination of new work and the continuation of software development efforts for classified systems supporting enduring national security missions.

“This project is a great example of a solid government-industry partnership and the commitment of an integrated team to deliver enhanced mission-critical capabilities on schedule,” said John Sutton, KeyW’s chief operating officer. “KeyW’s strategy to use our strong past performance and customer relationships to win the next generation of new work with the most important customers in the national security sector is paying off—and will fuel our growth going forward.”

This award will be booked to backlog during the second half of 2018.

About KeyW

KeyW is a pure-play national security solutions provider for the Intelligence, Cyber and Counterterrorism Communities' toughest challenges. We support the collection, processing, analysis and dissemination of information across the full spectrum of their missions. We employ and challenge nearly 2,000 of the most talented professionals in the industry with solving such complex problems as preventing cyber threats, transforming data into intelligence and combating global terrorism. For more information, please visit www.KeyWCorp.com or follow KeyW on Twitter @KeyWCorp.

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