HANOVER, Md., Jan. 22, 2019 (GLOBE NEWSWIRE) -- The KeyW Holding Corporation (NASDAQ:KEYW) today announced approximately $53 million in new business awards and contract extensions and increases to ceiling value on prime contracts. The awards have an estimated period of performance of four to five years, and the new business is expected to begin contributing to revenue by the third quarter of 2019.
The awards align with KeyW’s competencies in intelligence fusion and training solutions for defense Intelligence, Surveillance and Reconnaissance missions; intelligence analysis applications and services for counterterrorism missions; and operational cyber training solutions for Intelligence Community applications.
“These latest awards underscore a solid year of awards and delivery excellence across all major KeyW lines of business, highlighting our commitment to providing services and solutions that meet our customers’ most pressing mission needs,” said Kirk Herdman, executive vice president, Corporate Strategy and Business Development.
About KeyW
KeyW is an innovative national security solutions provider to the Intelligence, Cyber, and Counterterrorism communities. KeyW’s advanced technologies in cyber; intelligence, surveillance and reconnaissance; and analytics span the full spectrum of customer missions and enhanced capabilities. The company’s highly skilled workforce solves complex customer challenges such as preventing cyber threats, transforming data to actionable intelligence, and building and deploying sensor packages into any domain. For more information, please visit www.KeyWCorp.com or follow @KeyWCorp on Twitter.
