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The Department of Commerce Office of Inspector General has selected the Xacta platform to manage its cyber risk and compliance. This software helps government agencies automate the complex process of authorizing and monitoring their digital systems to ensure they meet federal security standards.
This win adds to a string of recent contracts for the Xacta suite. It shows that the company is successfully expanding its footprint within federal agencies, which supports its shift toward higher-margin software revenue and away from older, less profitable services.
Source: GlobeNewsWire
Telos won a $13.7 million contract to help the Department of Health and Human Services modernize how it handles cyber risk and security authorizations. The agency will use the Xacta suite to automate its compliance processes across the enterprise.
Securing a contract of this size with a major federal department is a meaningful win. It reinforces the company's strategy of focusing on specialized security software that carries higher profit margins than its legacy network business.
Source: GlobeNewsWire
The National Archives and Records Administration has expanded its relationship with Telos by selecting Xacta 360 and Xacta.ai. These tools help the agency automate the process of meeting federal security standards for its digital records. While this is a smaller expansion compared to other recent wins, it demonstrates steady demand for the company's core security software. For a long-term owner, this is another sign that the pivot toward high-margin software products is working.
Source: GlobeNewsWire
Management has established a perfect record of exceeding expectations for two years. These consistent results show they have a firm grip on their costs while transitioning to more profitable software work.
| Expectation | |
|---|---|
| EPS | $0.04 |
| Revenue | $50M |