Ann: Quarterly Activities Report and Appendix 4C - quarterly, page-69

1 MAY 2019
NEW SUB-CONTRACT ON USD $2 BILLION US GOVERNMENT PROJECT
WhiteHawk awarded five year Cyber Sub-Contractor role on USD $2 Billion U.S. Federal Government
deparment contract
Highlights
• Whitehawk has been awarded a sub-contractor role under the prime contractor on a newly
awarded USD $2 Billion Contract for a US Federal Government Department
• WhiteHawk's sub-contract length is 5 years (1 year with 4 option years)
• Delivery specifications are actively being scoped with the respective prime contractor and
the respective U.S. Federal Government Department
• First year revenue to WhiteHawk is expected to be between USD $300K to USD $600K, and
subject to final scoping by the Prime and customer, revenue is expected to grow bewteen
USD $1M to USD $3M per year in subsequent years
• Work by WhiteHawk has now commenced under this contract
• Formal announcements of the specific governmental department and prime contractor is
forthcoming pending customer approval
Perth, WA and Alexandria, VA – WhiteHawk Limited (ASX:WHK) (“WhiteHawk or “the Company”), the
first global online cyber security exchange enabling small-to-medium businesses to take smart action
against cybercrime, is pleased to announce that it has entered into a U.S. Federal Government
contract supporting a large government department through the Chief Information Officer (CIO).
In this contract, an Arlington, Virginia based company will serve as the primary contractor (“prime”).
This prime’s federal business division has served every cabinet-level department and 30 of the
largest federal organizations with clients in defence, intelligence, public safety, civilian and military
health organizations. It is a leading global professional services company, providing a broad range of
services and solutions in strategy, consulting, digital, technology and operations, with 469,000
people serving clients in more than 120 countries.
Under this five-year contract (one year with four option years), WhiteHawk will provide an
enterprise-wide Cyber Risk Management Framework, cyber intelligence and innovation introduction
and transition, as well as tailored cyber subject matter expertise as part of the prime’s team. Tasks in
the contract will span the government department’s operations nation wide, providing needed
added protections to a breadth of office and mission functions.
followed by customer evaluation and option for expansion
The contract is commencing immediately,
and extension. The quantum of this first year of the WhiteHawk subcontract is expected to be
between US$300K to US$600K. In the options years, subject to final scoping by the Prime and
customer, WhiteHawk’s subcontract is expected to grow to US$1M - US$3M each year. Optional
future expansions by the US Government may increase the scope of WhiteHawk’s services