Press release
Telos Corporation Receives Follow-on Contract with National Security Agency
Cybersecurity leader lands five-year contract to strengthen longtime NSA relationship ASHBURN, Va., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Telos Corporation
About this update from Telos Corporation
[{"type":"text","content":"Cybersecurity leader lands five-year contract to strengthen longtime NSA relationship\n ASHBURN, Va., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, announced today a five-year contract with the National Security Agency (NSA).\n With this contract, NSA is continuing its licensing of Xacta 360 and Xacta.io while also acquiring new services to maintain both products in an ever-evolving environment. These services bring enhanced ease of use to the agency, including a robust integration of the Xacta 360 API to replace legacy Extract Transform Load (ETL) database warehouses with an on-demand, ad-hoc solution in the Xacta API.\n “Our trusted team of security professionals are working alongside the NSA to secure some of the nation’s most critical assets and information,” said John B. Wood, CEO and chairman, Telos. “Our team is proud to further build on the 15-year relationship with the NSA, and we are honored to provide them with the tools necessary to securely and efficiently manage cyber risks.”\n Telos began working with the NSA in 2007, and in 2020, the NSA extended the contract to maximize the value of real-time security risk and compliance data, enabling the agency to derive intelligence and actively manage cyber risks. Today’s continuation of this contract allows the NSA to take advantage of numerous efficiencies available with the new technology stack.\n “Working with Telos over the years has had a positive impact on the agency’s ability to combat security threats in an ever-changing risk and compliance environment,” said Tim Jacob, deputy chief of authorization services at the NSA. “When it comes to strengthening national security, there is no room for error nor time for inefficiencies, which is why this contract expansion is a natural and logical next step for us.”\n The Xacta suite of enterprise cyber risk management and compliance automation solutions helps organizations meet the complex challenges of managing IT risk with continuous compliance monitoring, security assessment and ongoing authorization. For more information about Xacta, including various use cases, visit www.telos.com/xacta.\n Forward-Looking Statements This press release contains forward-looking statements which are...