The enterprise risk analytics firm PlanetRisk this month said it won a potential $79 million contract to provide support to the Department of Homeland Security’s (DHS) office that oversees cyber security, the small company’s first contract with the department.
The contract is for up to five years and will support the DHS Office of Cybersecurity & Communications, which has responsibility for a number cyber security programs, including the EINSTEIN cyber intrusion detection and prevention platform, the Continuous Diagnostics and Mitigation and Enhanced Cybersecurity Services programs, and the cyber security watch center, which is the National Cybersecurity & Communications Integration Center.
The award will increase the number of employees at PlanetRisk to over 200, Paul McQuillan, the company’s president and CEO, said in a phone interview with Defense Daily on Tuesday. He said that PricewaterhouseCoopers, which has existing relationships with DHS, is a teammate on the contract.
PlanetRisk won the contract last August but the award was held up until January due to a protest by OBXtek, Inc., a losing bidder for the work, which was awarded under the Government Services Administration’s OASIS Small Business contract vehicle for program management services.
PlanetRisk is based in Northern Virginia and its investors include the private equity firms Frontier Capital and Petra Capital Partners and some private investors. In addition to DHS, the company has contracts with Department of Defense, including the Defense Health Agency, the National Geospatial Intelligence Agency, the Department of State, state and local agencies, and the commercial sector.
Allied Universal, which supplies security guard services to clients in North America, and PlanetRisk on Tuesday, announced a partnership to offer organizations an enterprise risk software as a service platform.