Entrust Corporation

Entrust Corporation, doing business as Entrust Corp De, manufactures secure digital identity and credentialing hardware, software, and services to federal agencies as a prime contractor (92% of recent awards) and subcontractor, competing predominantly full-and-open without set-aside designations. The Shakopee, Minnesota-based for-profit manufacturer operates under primary NAICS codes reflecting electronic computer manufacturing, computer-related services, and systems design; its subsidiary Entrust, Inc. carries the same classification.

Entrust's federal portfolio centers on public key infrastructure (PKI) services, personal identity verification (PIV) card issuance and management, secure sockets layer (SSL) certificates, and credential production hardware including card printers and related equipment. Representative prime work includes a $39.9 million delivery order from the General Services Administration Federal Acquisition Service for USACCESS HSPD-12 PKI services running through January 2029, a $2.76 million BPA call from GSA for PIV certificates, PIV-interoperable certificates, and key migration services for GSA-MSO (February 2023 through January 2024), and a $3.97 million delivery order from the Department of Health and Human Services Office of the Assistant Secretary for Administration for Public Key Infrastructure Shared Service Providers Program services (July 2022 through November 2026). Smaller purchase orders from the Smithsonian Institution, Department of Justice, National Institutes of Health, Council of the Inspectors General on Integrity and Efficiency, and Defense Health Agency address software licensing, certificate renewals, and specialty Entrust Sigma D3 printers certified for HSPD-12 PIV card production.

Customer concentration is heavily anchored by infrastructure and credential-management buyers. The GSA Federal Acquisition Service dominates by potential value at $130.6 million (96% of combined potential value) across four awards, reflecting Entrust's position as a provider on the government-wide Multiple Award Schedule and related vehicles. By award count, the Department of the Army (26 awards), Department of the Air Force (22 awards), and Department of State Bureau of Consular Affairs (15 awards) place the most orders, though these represent smaller individual values. The Defense Finance and Accounting Service (10 awards, $5.9 million combined potential value) and the Department of the Treasury Departmental Offices (2 awards, $2.8 million) anchor secondary dollar concentration.

Entrust sits on multiple parent contract vehicles. The Alliant II GWAC carries 15 task orders; the General Services Administration's Multiple Award Schedule (Federal Supply Schedules GS00F06566 and GS00F85560 combined with unlabeled MAS awards) carries 27 task orders totaling $52 million combined potential value; and an Indefinite Delivery Contract (HSTS0208DTTC421) carries 10 task orders worth $1.3 million. The concentration on GSA vehicles reflects the vendor's role as a preferred provider of identity infrastructure and credentialing products across federal agencies.

Activity has remained relatively flat over the past four years — seven awards in 2022, growing to fourteen in 2024, then dropping to seven in 2025 — with only one award recorded in 2026 to date. Recompete exposure is modest: only two awards with ultimate completion dates in the next twenty-four months carry combined potential value of $6.4 million, suggesting limited near-term recompete cliff risk.

Entrust performs substantial work as a subcontractor to Peraton Enterprise Solutions LLC on Department of State Consular Affairs enterprise IT operations and infrastructure modernization, delivering card-printer hardware, technical support, MX6100 card issuance systems, and related components supporting the ConsularOne Program modernization. These sub-awards, awarded between January 2024 and December 2025, each obligate approximately $25.5 million and span program management, operations and maintenance, disaster recovery, engineering, and asset management for global Consular Affairs IT infrastructure with 24/7/365 operational support from headquarters in the National Capital Region.

Service Contract Inventory data covering federal service contracts above the $150,000 reporting threshold shows SCI-reportable invoiced revenue of $19.4 million across FY2023–FY2025 ($3.7 million in FY2023, $8.7 million in FY2024, $7 million in FY2025), with zero FTE allocation reported across all fiscal years. This reflects Entrust's business model as primarily a hardware and software product vendor rather than a labor-intensive services provider; SCI invoicing is a subset of total federal revenue and excludes product sales, goods procurement, and classified work that likely represent a significant portion of Entrust's federal footprint. Across SCI-reportable prime contracts, the vendor reported zero average sub-hours share, indicating full self-performance of labor on the service contracts captured in that dataset.