Security Sector Watch: Paradigm Wins $11 Million Contract For Power Supply Systems, Upgrades
June 4, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Paradigm Holdings, Inc. (OTCBB: PDHO), a provider of information technology and cyber security solutions for federal government enterprises, said that it has been awarded a prime contract to provide uninterruptible power supply systems and electrical upgrades by the Defense Information Systems Agency.
Under the deal, Paradigm will be responsible for the upgrade and replacement of the existing electrical distribution for the Defense Enterprise Computing Center in St. Louis, Missouri.
As the prime contractor, Paradigm will analyze the existing infrastructure in order to design and implement a new system in accordance with DISA facility standards.
The primary function of the UPS system is to provide electrical power to critical data center loads during utility outages. The value of the contract is around $11 million over a one-year period of performance, while additional options could increase the value of the contract by over $1 million, if exercised by the customer.
Maryland-based Paradigm Holdings specializes in information assurance solutions involving cyber security and forensics as well as continuity of operations and disaster recovery planning.
The company also provides systems engineering and IT infrastructure support solutions.
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