Celare Cyber Systems News
2 articlesBATM lands cyber security contract with defence agency of unnamed European country
growth-positive
Telco Systems Wins $3.7M Contract to Provide Cyber Security Solution for Government Agency
Telco Systems has been awarded a significant contract to be the sole supplier for the delivery of a leading-edge cyber-security solution to a government defense ministry. The initial contract is worth $3.7M, with accumulated orders expected to increase to over $10M by 2017. The total value estimated by the customer is approximately $20M over the next five years. The cyber-security solution will be deployed in two stages in Q4 2015 and Q1 2016, with deployment expected to be completed in 2016 and expansion to follow. Telco Systems utilizes Celares software for comprehensive network monitoring to detect and analyze network threats. The CEO of Telco Systems, Ariel Efrati, expressed pride in being selected as the sole supplier for such a strategic cyber-security solution.
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