Dynamics Research (DRCO) +6% shares spike after the company secures a piece of a $6B blanket purchase agreement from the Dept. of Homeland Security. It is one of 17 recipients. The contract has a one-year base and four one-year options.
Dynamics will compete with other recipients to provide real-time cyber security support services to the DHS's Continuous Diagnostics and Mitigation, Tools and Continuous Monitoring as a Service program.
AT&T (T -1.3%) notifies customers of a large-scale organized attempt to obtain personal information from their online accounts. The system hack of AT&T follows up news last week of a foreign cyberattack on an Illinois utility that is being investigated as a potential terrorist event. Will network security stocks such as SYMC, MANT, BAH, CACI, DRCO, and SAI get a boost after the proliferation of high-profile network breaches?