IBM Secures 5-Year Contract With $26M In Initial Funding From The U.S. Agency For International Development Cybersecurity Response In Europe And Eurasia
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IBM has secured a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID) to enhance cybersecurity systems in Europe and Eurasia. The contract aims to bolster the cybersecurity capabilities of host governments and critical infrastructure operators in the region.
July 17, 2024 | 12:06 pm
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IBM has secured a five-year contract with $26 million in initial funding from USAID to enhance cybersecurity systems in Europe and Eurasia. This contract is expected to strengthen IBM's position in the cybersecurity market and potentially increase its revenue.
The contract with USAID is a significant win for IBM, as it not only provides immediate funding but also positions IBM as a key player in the cybersecurity market in Europe and Eurasia. This could lead to further contracts and revenue growth.
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