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Telos Corp. Awarded A $12.5B Ceiling, Multiple Award, Indefinite-Delivery/Indefinite-Quantity Contract For Base Infrastructure Modernization

Author: Benzinga Newsdesk | August 20, 2024 08:14am

Telos Corporation (NASDAQ:TLS), a leading provider of cyber, cloud and enterprise security solutions for the world's most security-conscious organizations, today announced that it was awarded a $12.5 billion ceiling, multiple award, indefinite-delivery/indefinite-quantity (IDIQ) contract for base infrastructure modernization.

 

This contract, named the Base Infrastructure Modernization (BIM) contract, seeks solutions that modernize, operate and maintain the network infrastructure on all Department of the Air Force (DAF) locations, including Guard and Reserve bases. The work on this contract will be performed globally and is expected to be completed by August 15, 2034. Task orders with a multi-year period of performance will be awarded even in the last year of the IDIQ, allowing awarded work to continue past 2034.

This contract was a competitive acquisition from the Air Force Life Cycle Management Center, Cyber and Networks Contracting Organization based in Hanscom Air Force Base, Massachusetts. Forty-seven offers were received, with 23 companies awarded prime positions.

Posted In: TLS

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