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Homeland Security

CBP Awards Unisys Potential $350M for Land Border Integration Project

DDN

Wednesday, October 27th, 2010

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Unisys [UIS] has received a potential five-year, $350 million contract from Customs and Border Protection (CBP) to build an advanced system to better identify people and vehicles entering and exiting the U.S. through its land borders with Canada and Mexico. The Land Border Integration (LBI) contract has a one-year base period value of about $29 million and four one-year options estimated to be worth about $25 million annually. The $350 million ceiling value allows for additional scope at CBP's discretion.…

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