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Paragon wins $50 million DHS guard contract

Paragon Systems, Inc., a wholly-owned subsidiary of Atlanta-based Tri-S Security Corp., has been awarded a new contract valued at $56 million to provide security services for the Department of the Homeland Security in Washington, DC, Maryland and Northern Virginia.

Paragon will begin the contract June 1, 2008. The contract will run for five years at an estimated $11.2 million per year.

A spokesman for the company said Paragon will provide security services for federal government facilities throughout the Washington, DC, area and the states of Maryland and Virginia. More than 180 armed and unarmed officers will be deployed to the various locations.

The three main sites in Washington include the headquarters buildings of the Departments of Education and Agriculture, the International Trade Commission, and the Food & Drug Administration. Paragon will also provide security for various Drug Enforcement Administration and FBI offices.

This award increases the total contracts received by Paragon since January 1, 2008 to approximately $363 million. This total includes the State of Georgia at $58 million, the Social Security Administration at $220 million, and the Southern Region of California up to $29.


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