Telos Corporation Secures Major Defense Contract
Telos Corporation, based in Ashburn, Virginia, has recently announced a significant achievement in its portfolio. The company, which specializes in cyber, cloud, and enterprise security for highly security-minded organizations, has been awarded a contract with the Missile Defense Agency. This contract, known as the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD), operates under an indefinite-delivery/indefinite-quantity (IDIQ) framework with a total potential value of $151 billion. It encompasses a wide array of tasks aimed at delivering innovative solutions to military personnel swiftly and efficiently.
About Telos Corporation
Telos Corporation is committed to enhancing the security of some of the most sensitive organizations worldwide. It achieves this through adaptable and secure solutions designed to protect individuals, systems, and data. The company offers advanced services in cyber governance, risk, and compliance (GRC) through its Xacta® platform, in addition to identity and biometric services, secure communication networks, and TSA PreCheck® enrollment. Serving a diverse clientele that includes the U.S. federal government, regulated sectors, and international enterprises, Telos strives to help its customers stay ahead of emerging threats, speed up compliance processes, and attain mission success. With a focus on purpose and core values, Telos aims to build reliable partnerships and deliver superior solutions, contributing to a more secure and interconnected global landscape.
Forward-Looking Statements
This announcement includes forward-looking statements made in accordance with safe harbor provisions of federal securities law. These statements reflect the management’s current beliefs, expectations, and assumptions regarding future events and conditions, based on available information. However, forward-looking statements inherently carry risks and uncertainties, as they pertain to events that may or may not happen. The company acknowledges that these risks encompass various factors, which are detailed in its filings with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the fiscal year ending December 31, 2024, and any subsequent filings. Although the management believes these forward-looking statements are based on reasonable assumptions, they caution that actual results may differ significantly from those projected. Consequently, readers are advised not to over-rely on these statements. Each forward-looking statement is only valid as of its date, and unless legally required, the company does not intend to publicly update these statements or revise them based on new developments. Historical comparisons of results are not meant to indicate future trends or performance unless explicitly stated, and should be considered purely as historical data.
