Priya Patel
TLDR: Jacobs Secures Contract To Safeguard UK Ministry Of Defence Against Cyber Threats
Key Points:
- Jacobs to provide cyber security solutions to UK’s Ministry of Defence.
- The contract comes under Digital and IT Professional Services (DIPS) Framework.
In a recent development, Jacobs Solutions Inc. has been selected as a prime supplier of cyber security solutions to the UK Ministry of Defence (MOD). The contract, awarded under the Digital and IT Professional Services (DIPS) Framework, will involve maintenance, design, and support of secure system architecture, cryptographic systems, and security testing.
The DIPS framework, with a potential value of $1.52 billion (£1.2 billion) and running until November 2027, highlights Jacobs’ expertise in supporting the critical needs of the MOD and contributing to the nation’s defense and security initiatives.
Executive Vice President Steve Arnette expressed the company’s commitment to the project, stating, “It reflects our team’s experience and commitment to supporting the critical needs of the MOD and provides another opportunity for Jacobs to further contribute to the nation’s defense and security initiatives.”
On the market front, J shares closed lower by 1.39% at $142.97 following the announcement of the contract. This strategic move positions Jacobs Solutions as a key player in the cyber security sector with a focus on safeguarding the UK Ministry of Defence against cyber threats.
