- Accenture Plc (NYSE:ACN) has received a contract worth $329 million prime to manage a comprehensive information assurance and privacy program for the United States Agency for International Development (USAID).
- Under the deal, the company’s unit Accenture Federal Services will provide USAID with risk and compliance support services, threat intelligence, and cyber awareness analyses.
- USAID leads the federal government’s international development efforts in over 100 nations.
- Accenture Federal Services will support USAID’s Bureau for Management, Office of the Chief Information Officer, managing a sophisticated information assurance program.
- This contract award marks Accenture Federal Services’ first prime contract with USAID. The period of performance is up to ten years, Accenture said.
- “We look forward to delivering innovative, cost-effective solutions that protect the integrity, confidentiality, and accountability of the Agency’s information assets,” said John Roche, a managing director in Accenture Federal Services and USAID client lead.
- Price Action: ACN shares are trading higher by 0.82% to $306.77 on the last check Tuesday.
Why DLocal Stock Is Plunging Wednesday
DLocal shares are trading down Wednesday following weaker-than-expected earnings for the first quarter. The company turned in GAAP EPS of 6 cents, missing analyst estimates for EPS of 12 cents.