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Microcap & Penny Stocks : Telos (TLSRP) preferred

TLSRP 41.10

+0.2%

Nov 23 4:00 PM EST

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From: mikehunt2	10/11/2006 10:11:03 AM
	of 190

Telos Awarded $11.1 Million USAF CITS Contract 2006-10-11 09:02 (New York) Leading Government Solutions Provider to Advance Netcentric Operations to Support the Warfighter ASHBURN, Va.--(BUSINESS WIRE)--October 11, 2006 The 554th Electronic Systems Wing at Hanscom Air Force Base has awarded Telos(R) Corporation an $11.1 million contract through the Network Centric Solutions (NETCENTS) contract to aid in the continued performance of the Combat Information Transport System (CITS). Under the terms of this contract, Telos will provide products vital to the maintenance, installation, development and enhancement of the CITS Block 30 requirement. CITS provides the Air Force with the infrastructure necessary to complete network-centric operations in direct support of war fighting missions. The Block 30 requirement is the effort by the Air Force to redesign and standardize NIPRNET/SIPRNET infrastructure. Telos will be working with product partners Cisco, ArcSight and HP to upgrade essential network and compliance technology. "The Block 30 contract award is a great example of the continued reliance on Telos' expertise by the Air Force to provide innovative and scalable solutions, and a clear indication of our dependability in support of the Armed Forces," said Jim Morehouse, Telos NETCENTS Program Manager. "Our ability to deliver time and mission critical solutions for our Air Force customers is a key element of our business strategy, and we will continue developing and delivering key components for the explicit needs of the U.S. military."

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