HANOVER, Md., Sept. 07, 2017 (GLOBE NEWSWIRE) -- The KeyW Holding Corporation (NASDAQ:KEYW) today announced that its wholly-owned subsidiary, Sotera Defense Solutions, Inc., was awarded a three-year, $18 million Task Order to provide business systems software engineering and sustainment services to the U.S. Army Communications-Electronics Command (CECOM) Software Engineering Center (SEC). This is the fifth Task Order awarded to the combined company under the $7 billion Software and Systems Engineering Services Next Generation (SSES NexGen) indefinite delivery/indefinite quantity contract.
For this contract, awarded during the second quarter of the company's fiscal year, KeyW will support software engineering, development and sustainment, business consulting, IT infrastructure, procurement management and administrative services for the CECOM SEC Enterprise Information Systems Directorate (EISD).
EISD's mission is to execute program management and lifecycle sustainment functions within cost, schedule and performance for all assigned enterprise resource planning, logistics IT, satellite communications and Department of Defense/Department of the Army enterprise business applications.
"KeyW is mission-focused," said Bill Weber, KeyW's chief executive officer. "And we're honored to continue this work that ultimately supports the Army's mission to provide quality software solutions for Warfighters."
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 more than 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.
Forward-Looking Statements: Statements made in this press release that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to: statements about our future expectations, plans and prospects; statements regarding our strategies, plans, and operations; and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," "potential," "opportunities," and similar expressions. Our actual results, performance or achievements or industry results may differ materially from those expressed or implied in these forward-looking statements. These statements involve numerous risks and uncertainties, including but not limited to those risk factors set forth in our Annual Report on Form 10-K, dated and filed March 15, 2017 with the Securities and Exchange Commission (SEC) as required under the Securities Act of 1934, and other filings that we make with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements. KeyW is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
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