Verizon Wins $678.5 Million US Department of Homeland Security Contract

There’s nothing like a little government contract-love to fill company coffers with some tasty greenbacks. Verizon (NYSE: VZ) has apparently secured a $678.5 million contract to provide network infrastructure and services to help the US Department of Homeland Security respond more quickly and reliably to emergencies.

As part of the US General Services Administration’s (GSA) $48 billion Networx Universal program, the US DHS has tapped Verizon to integrate the DHS’s 22-agency strong network into a unified IP (Internet protocol) system over the next two years - the contract represents the single largest federal telecommunications contract awarded by the GSA. Verizon will also be providing security services and emergency communications services to the Department of Homeland Security.

“The advanced network that we deploy will serve as the vital springboard for the department’s evolving requirements going forward,” said

John Killian, president of Verizon’s business unit. “We look forward to being a trusted partner of the Department of Homeland Security for many years to come.”

[Via: CNNmoney]