Unisys Corporation
(
UIS
) recently announced that it has won a contract from the U.S.
Department of Homeland Security (DHS) Targeting and Analysis
Systems Program Office (TASPO).
TASPO is a part of the Customs and Border Protection (CBP)
Office of Information and Technology. Unisys has a long-standing
relationship with the TASPO and its predecessor organization over
the last 15 years. TASPO provides technology solutions that empower
CBP to better protect the U.S. borders.
As per the latest contract, Unisys will develop, operate and
manage systems for risk assessments of people and cargo entering
the U.S. The task order forms a part of the U.S. General Services
Administration's Alliant government-wide acquisition
contract.
The contract is estimated at $504 million and carries a one-year
period and four one-year option periods.
Management is encouraged with the extension of its long-standing
association with TASPO organization and will work diligently to
further improve the suite of applications managed by
TASPO.
In a separate development, Unisys Corporation successfully
completed a project to shift nearly 5,000 users at the Department
of Energy's Idaho National Laboratory (INL) to Google Apps for
Government email and collaboration platform.
This transition will facilitate INL to improve collaboration
among its employees through better sharing of information
technology infrastructure, resources and applications. The solution
also provides employees secure access to email and data in a cost
effective manner. This, in turn, allows INL personnel to
efficiently execute on essential work with improved system uptime
and availability.
Unisys was awarded the transition project in August last year by
the Battelle Energy Alliance LLC, the Department of Energy's
management and operations contractor at the Idaho National
Laboratory. The INL is one of the 10 multi-program national
laboratories responsible for operations within the Department of
Energy.
In addition, this transition to cloud computing enables INL to
invest in the optimum resources allowing workers to focus better on
the critical elements of the mission as well as reduce costs
related to operating and maintaining its IT infrastructure.
Unisys is an information technology (IT) company that
specializes in helping clients to secure their operations, increase
efficiency and utilize their data centers, enhance support to their
end users and constituents and upgrade their enterprise
applications. Unisys is currently concentrating on business
opportunities in fewer, more profitable markets in the IT
marketplace, such as outsourcing, security, mobility, cloud
computing, and others.
In the long run, we maintain our Neutral recommendation on
Unisys. Our recommendation is supported by a Zacks #3 Rank, which
translates into a short-term rating of Hold.
UNISYS (UIS): Free Stock Analysis Report
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