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Telos Corporation Selected as Prime Contractor for the U.S. Navy SeaPort Next Generation Contract
TLSTelos(TLS) GlobeNewswire·2025-01-29 13:15

Core Insights - Telos Corporation has been awarded a prime contractor position under the U.S. Navy's SeaPort Next Generation (SeaPort NxG) contract, which allows the company to bid on task orders until 2028 [1][2][3] - The SeaPort NxG contract is a mandatory approach for the Navy to procure professional support services, enhancing Telos's relationship with the U.S. Navy [2][3] - Telos's CEO expressed optimism about providing various support services, including network engineering and cyber risk assessment, to the Navy [3] Market Access and Opportunities - The combination of SeaPort NxG and other federal government contracts positions Telos to access a market estimated at approximately $35 billion [3] - Telos has secured positions on multiple federal government blanket purchase agreements (BPA) and indefinite-delivery/indefinite-quantity (IDIQ) contract vehicles since 2023, expanding its business opportunities [3][7] Company Overview - Telos Corporation specializes in cybersecurity, cloud security, and enterprise security solutions, serving a range of clients including commercial enterprises and government customers [5] - The company's offerings include IT risk management, information security, cloud-based asset protection, and identity and access management [5]