European Commission awards cybersecurity contract to Unisys-led group

BRUSSELS - Unisys (NYSE:UIS), a $271 million market cap technology company with annual revenues of nearly $2 billion, has been selected by the European Commission to provide cybersecurity services to 71 EU public institutions under the Cybersecurity Professional Services Framework Contract (FREIA), according to a press release statement. According to InvestingPro data, the company maintains a FAIR financial health score despite operating with significant debt levels.

The four-year contract positions Unisys as the leader of the EUCybersafe Consortium, which includes partners Uni Systems and Wavestone. The group will deliver cybersecurity operations to organizations including the European Commission, the Council and the European Parliament. This contract comes at a crucial time for Unisys, as InvestingPro analysis shows the company is currently trading below its Fair Value, with analysts projecting a return to profitability this year despite recent cash flow challenges.

The consortium will provide services including risk management, secure architecture design, incident response and threat intelligence. According to an EC report from June 2025 cited in the announcement, nearly 20% of cyber attacks target public administration organizations.

As part of the agreement, Unisys will offer continuous threat exposure management combining attack surface management with vulnerability assessment and threat intelligence. The company will also provide managed detection and response with 24/7 monitoring, and cyber recovery services for restoring critical applications during crises.

"A prime target for cyber attackers — including state-sponsored groups and hacktivists — the EU public sector and its communities face significant challenges in protecting their digital assets," said Manju Naglapur, senior vice president at Unisys, in the announcement.

The contract addresses the EU’s growing need for operational cyber resilience amid increasingly complex digital threats, supporting the EU’s strategic goals of digital sovereignty and resilience.

In other recent news, Unisys Corporation reported a strong performance in its second-quarter 2025 earnings, surpassing expectations with an earnings per share of $0.19 against a projected loss of $0.29. The company’s revenue also exceeded forecasts, reaching $483.3 million compared to the anticipated $444.65 million. In a strategic move, Unisys transferred approximately $320 million in pension obligations to F&G Annuities & Life, Inc., affecting around 3,150 retirees and beneficiaries without altering their pension benefits. Maxim Group upgraded Unisys stock to a Buy rating, citing reduced pension risk following this transaction and noting that the company’s financial metrics are favorable compared to industry averages.

Additionally, Jefferies initiated coverage on Unisys with a Hold rating and a $4.00 price target, acknowledging signs of an effective turnaround strategy. Needham also started coverage with a Buy rating and a $6.00 price target, suggesting the company is well-positioned for growth as the operating environment improves. These developments reflect a growing investor interest in Unisys and a shift in analyst sentiment towards the company’s potential.

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