The Department of Homeland Security has awarded Paragon Systems, a subsidiary of security services providers Tri-S Security, two contracts to provide armed guard services for facilities in Los Angeles and San Diego, California.
According to a statement issued by Tri-S Security, the contracts will provide the company with $141 million in revenue over the next five years.
The two contracts also bring Paragon’s total contract awards for 2008 to over $503 million.