Telos Named Prime Contractor for US Navy's SeaPort Next Generation Contract

MT Newswires Live
01-30

Telos (TLS) said Wednesday it has been selected as a prime contractor for the US Navy's SeaPort Next Generation contract, under which it will be able to bid on task orders until 2028.

SeaPort NxG is the US Navy's integrated and mandatory approach to contracting for professional support services, the company said.

Combined with previous positions on blanket purchase agreements and indefinite delivery and quantity contracts, Telos said that Seaport NxG will provide access to compete for new business representing a $35 billion addressable market.

Price: 3.24, Change: -0.02, Percent Change: -0.46

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