The U.S. Department of Defense (DoD) has extended its contract with Carnegie Mellon University (CMU) to operate the Software Engineering Institute (SEI) for an additional term of five years with a value of up to $2.7 billion, the university said in a statement.

The SEI, which is sponsored by the Office of the Under Secretary of Defense for Research and Engineering (USD(R&E)), is the only FFRDC focusing specifically on software-related security and engineering.

The contract was awarded in 2015 for a term of five years with an option for a five-year extension.

FFRDCs are unique nonprofit entities sponsored and funded by the U.S. government.

[Image courtesy: CMU]