Cirrus wins Geoscience contract

Perth-based IT solutions provider Cirrus Networks has secured a $13 million contract with federal government agency Geoscience Australia.

Under the three-year contract, Cirrus will provide Geoscience Australia with a range of remote services from its office in Canberra. Those include service desk and device management, network and support services, ICT security services, and monitoring of the organisation’s data centres.

It marks the company’s first major managed services contract, Cirrus says, and follows the recent completion of its Network Operations Centre.

Cirrus said the facility formed part of the company’s managed service offering and provided a platform for its next phase of growth.

Managing director Matt Sullivan said Cirrus continued to focus on growing its annuity and outsource services.

“This contract success, which is a direct result of those efforts, represents a transformational win for the Canberra office and our managed service business unit,” he said.

The contract comes almost a month after Cirrus reported a record first-half revenue of $53.8 million, up 13 per cent on 1H20, and underlying earnings of $1.1 million, up 29 per cent. The company expects its full-year earnings to be between $4.2 million and $4.6 million.

Its shares closed up 6.9 per cent today to trade at 3.1 cents.