The U.S. Department of Defense has awarded the state with a $1.1 million grant to help Maryland defense contractors comply with federal cybersecurity standards in order to provide services to the federal government.
This is the third grant the state has received in support of the Maryland Defense Cybersecurity Assistance Program (DCAP), an initiative managed by the Maryland Department of Commerce and the Maryland Manufacturing Extension Partnership (MD MEP). Noncompliance with cybersecurity standards may cause a company to lose its federal contract, resulting in lost revenue and jobs, and DCAP is designed to minimize or eliminate that risk.
“With an increased need for cybersecurity compliance assistance, DCAP serves as an excellent resource for our defense contractors and keeps our Maryland companies prepared to tackle new contracts and challenges along the way,” said Maryland Commerce Secretary Kelly M. Schulz.
Since the program launched in late 2018, nearly 100 businesses have received assistance, resulting in $500 million in retained sales, $155 million in increased sales, 2,961 retained jobs, and 136 new jobs.