Telos Corporation Secures $2.2 Million Cyber Compliance Contract
Telos Corporation Expands Its Influence in Cybersecurity
ASHBURN, Va. – Telos Corporation (NASDAQ: TLS), a frontrunner in cyber, cloud and enterprise security solutions for organizations with stringent security needs, has secured a noteworthy contract worth $2.2 million with a federal agency. Through this contract, Telos will deploy its leading cyber governance, risk, and compliance (GRC) platform, Xacta.
Enhancing Compliance Capabilities
The federal agency will utilize Xacta's advanced functionalities to effectively manage complex compliance requirements. The Xacta platform is known for its comprehensive suite that allows users to effortlessly navigate the intricacies of regulatory requirements. Additionally, the agency will benefit from premium support services, which will enable them to efficiently reduce manual workloads and enhance security oversight.
Streamlining Oversight and Improving Resilience
This award reflects Telos' commitment to assisting federal agencies in lowering compliance costs while uplifting their security operations. With the implementation of Xacta’s complete range of licenses, the agency positions itself for greater efficiency in compliance oversight. It’s an important step in strengthening their cyber resilience in an age where security threats are continually evolving.
Trust in Xacta
John B. Wood, chairman and CEO of Telos, expressed his thoughts on this significant achievement, stating, "This award underscores the trust federal agencies place in Xacta to meet mission-critical compliance and cybersecurity requirements. It also marks a pivotal moment for us in the public sector as agencies lean increasingly towards automation to tackle expanding compliance challenges." Such a statement highlights the growing reliance on state-of-the-art technology solutions in ensuring national security.
Broadening Government Sector Footprint
The contract signifies a major step forward in Telos’ strategy to bolster its presence within the government sector. By providing cutting-edge compliance solutions, Telos is forging a path for future growth while catering to both government and commercial clients.
About Telos Corporation
Telos Corporation (NASDAQ: TLS) plays a vital role in empowering various organizations through innovative solutions aimed at securing personal, system, and informational integrity. Their extensive offerings span cybersecurity solutions tailored for IT risk management, cloud security to safeguard cloud-based assets, and enterprise security services focused on identity and access management, secure mobility, and network defense.
Commitment to Security
Not only does Telos cater to government bodies, but it also serves commercial enterprises across regulated industries worldwide. The company is dedicated to delivering security solutions that exceed industry and government standards, ensuring peace of mind for its clients.
Get in Touch
For media inquiries, please contact: media@telos.com
For investor inquiries, please reach out to: InvestorRelations@telos.com
Frequently Asked Questions
What is the amount of the new contract secured by Telos?
Telos Corporation has secured a contract worth $2.2 million with a federal agency.
What platform will be deployed through the new contract?
The GRC platform, Xacta, will be deployed under this new contract.
What advantages does Xacta provide to its users?
Xacta helps manage complex compliance requirements, reduces manual workloads, and improves security oversight.
Who is the CEO of Telos Corporation?
John B. Wood serves as the chairman and CEO of Telos Corporation.
In which sectors does Telos operate?
Telos operates across government sectors as well as commercial enterprises within regulated industries globally.
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