Maximus secures $77 million Air Force cybersecurity contract

TYSONS, Va. - Maximus (NYSE:MMS), a $4.1 billion government services provider with annual revenue of $5.4 billion, has been awarded a $77 million contract by the United States Air Force Life Cycle Management Center’s Cryptologic and Cyber Systems Division to provide cybersecurity and cloud-based services, the company announced Monday.

The contract includes a base year with four one-year option periods and a possible six-month extension. Under the agreement, Maximus will deliver cybersecurity, cloud services, and engineering support across multiple security domains to support operational readiness within the Department of Defense. According to InvestingPro data, Maximus maintains strong financial health with a current ratio of 1.84, indicating robust capability to fulfill contract obligations.

"As cyber threats continue to escalate in complexity, the Air Force and the entire Department of Defense need partners who can match the pace of innovation," said Pamela Powers, Executive Managing Director of Defense and National Security Market at Maximus, according to the company’s press release.

The new contract expands Maximus’s cybersecurity portfolio within the Department of Defense. The company, which describes itself as a provider of government services, will focus on delivering secure, scalable, and resilient systems as part of its contractual obligations.

Maximus provides business process management and technology solutions to government agencies. The Virginia-based company offers services designed to improve operational efficiency for government-sponsored programs.

In other recent news, Maximus Inc reported impressive financial results for the second quarter of 2025, exceeding earnings expectations. The company’s earnings per share reached $2.01, surpassing the projected $1.46. Revenue also outperformed forecasts, totaling $1.36 billion against an anticipated $1.3 billion. In other developments, Maximus is set to present its updated Total Experience Management solution at the AWS Summit in Washington, DC. This comprehensive customer experience solution incorporates advanced technologies from Amazon Web Services. Meanwhile, Imax Corporation announced an extension of CEO Richard Gelfond’s contract through 2028 with amended terms. Under the new agreement, Mr. Gelfond will maintain an annual base salary of $1.2 million and is eligible for a target annual bonus equal to his base salary, with the potential to earn up to double that amount.

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