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U.S. Coast Guard Awards Verizon Business $66 Million Enterprise Infrastructure Solutions Task Order
VZVerizon(VZ) GlobeNewswire·2025-01-29 13:30

Core Insights - The U.S. Coast Guard has awarded Verizon Business an 8-year Enterprise Infrastructure Solutions (EIS) task order valued at up to 66million[1]VerizonwillphaseoutendoflifeTDMservicesandimplementcellularbasedPOTSreplacementsforessentialvoicecommunications,includingContactCenterasaService(CCaaS)[2]Verizonsstrongrelationshipwithfederalagencies,includingtheDepartmentofHomelandSecurityandtheDepartmentofDefense,highlightsthetrustinitsenterprisesolutions[3]Thebasetaskorderlasts12monthsbutcanextendtoeightyears,coveringvariousEISservicessuchasinternetprotocolserviceandmanagedsecurityservices[3]VerizonhassecuredsignificantcontractswiththeU.S.ArmedForces,includinga10year,66 million [1] - Verizon will phase out end-of-life TDM services and implement cellular-based POTS replacements for essential voice communications, including Contact Center as a Service (CCaaS) [2] - Verizon's strong relationship with federal agencies, including the Department of Homeland Security and the Department of Defense, highlights the trust in its enterprise solutions [3] - The base task order lasts 12 months but can extend to eight years, covering various EIS services such as internet protocol service and managed security services [3] - Verizon has secured significant contracts with the U.S. Armed Forces, including a 10-year, 2.67 billion contract with the U.S. Navy [4] - Verizon generated revenues of $134.8 billion in 2024, serving a wide range of customers including nearly all Fortune 500 companies [5]