Contract Expansion

Shearwater Group plc, the cybersecurity, advisory and managed security services group, is pleased to announce the expansion of its existing contract with a central Government department for the provision of threat intelligence services supporting its internal security operations.

The expanded contract has a total contract value ("TCV") of c.£1 million over a three-year term, reflecting both an extension of the contract duration and an increase in services consumed, and supports the delivery of existing FY26 market expectations.

Under the expanded arrangement, the Government department is consolidating threat intelligence services for smaller Government organisations, through an internal shared services model and acting as the lead organisation.

Phil Higgins, Chief Executive Officer, commented: "This expansion demonstrates the strength of our relationship with a central Government customer and the value of our threat intelligence solutions. Extending the term and increasing service consumption supports the department's shared services model while providing a platform for further growth."