WHK 0.00% 1.2¢ whitehawk limited

3 MAY 2019ADDITIONAL NEW CONTRACT WITH U.S. FEDERAL...

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    3 MAY 2019
    ADDITIONAL NEW CONTRACT WITH U.S. FEDERAL GOVERNMENT
    WhiteHawk awarded Cyber Sub-Contractor role on a seven year contract with U.S. Federal
    Government department Chief Information Officer (CIO)
    Highlights
    • An additional new U.S. Federal Government Contract has been won. Final
    delivery specifications are being scoped with the prime contractor and the U.S.
    Federal Government Department
    • The contract is the third U.S. Federal Government contract win by WhiteHawk,
    with each contract being for a separate Federal Department
    The contract won by the Prime is for 7 years (1 year with 6 option years), and
    valued at US$28M (~A$40M).
    The contract is for technical and management
    oversight to Performance, Mission Responsiveness, Risk Management, and
    Supply/Procurement Management
    • WhiteHawk’s portion is expected to be between US$150K to US$300K (~A$214KA$428K) for each year.
    Work by WhiteHawk will commence this month under this contract

    The contract will commence mid-month, with customer evaluation for optional expansion and
    extension after a base year. The quantum of the WhiteHawk subcontract is expected to be
    between US$150K to US$300K (~A$214k-A$428k) for each year. Optional future
    expansions by the U.S. Government may increase the scope of WhiteHawk’s services.
 
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