Vendors of cybersecurity offerings are finding that the U.S. government is serious about improving the protection of federal IT assets. A steady stream of data protection contracts has been flowing to providers, including some notable high-value transactions during the last half of 2016.
One example is a Department of Homeland Security contract, with a potential value of US$395 million, for various cybersecurity protection services designed to prevent, detect, contain and eradicate cyberthreats. While DHS went through the process of selecting a vendor last year, a final award is pending due to a legal challenge. Still, the magnitude of the DHS project indicates the significant level of potential federal investments in cybersecurity.
Federal contracting is never easy, of course, and the providers who have received cybersecurity contracts have had to meet all the requirements of doing business with the government. While those requirements remain in force, federal agencies, especially the General Services Administration, are trying to improve the processing of cyber-protection acquisitions through expansions or enhancements to various federal procurement vehicles.