Summary by Moomoo AI
Intrusion Inc. has announced a $2 million contract with the U.S. Department of Defense (DoD) to support its cybersecurity efforts. The 12-month contract, facilitated through a prime contractor, will begin contributing to earnings in Q3 2024. Intrusion will deliver a tailored solution combining its products, including Intrusion Shield and TraceCop, with consulting services.The scope of work encompasses high-speed metadata extraction, contextual flow enrichment, advanced threat analytics, and continuous network monitoring. This contract highlights the increasing acceptance of Intrusion Shield in the government sector and reinforces the company's position in the defense cybersecurity space.CEO Tony Scott emphasized the contract's significance in demonstrating Intrusion's technology strength and expertise. The company aims to enhance the DoD's operational effectiveness and security posture against evolving cyber threats, leveraging its exclusive threat intelligence database containing data on over 8.5 billion IP addresses.
