Telos Corporation Announces Resolution of Protest on an Award Worth up to $485 Million to Telos Over Five Years

ASHBURN, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) — On March 15, 2024, Telos Corporation (NASDAQ: TLS), announced that it had teaming agreements in place with prime partners who received awards from the federal government worth up to $525 million to Telos’ Security Solutions business over five years. Telos also announced that the awards had been protested pursuant to a customary post-award protest period provided by the federal government and that finalization of the awards was subject to the resolution of protests.