Telos Corporation Explained

Telos Corporation
Type:Public
Traded As:NASDAQ:
Location City:Ashburn, Virginia
Location Country:U.S.
Key People:John B. Wood (president and CEO)
Revenue: $219.2 Million (2019)[1]
Num Employees:508[2]
Industry:Information Technology
Cybersecurity

Telos Corporation is an information technology and cybersecurity company located in Ashburn, Virginia. Telos primarily serves government and enterprise clients, receiving a large number of its contracts from the United States Department of Defense. Customers are primarily military, intelligence and civilian agencies of the US government and NATO allies.

History

Telos was founded in 1969 in Santa Monica, California and incorporated in Maryland in 1971.[3]

In the fall of 1984 Telos released the FileVision program for the Apple Macintosh.[4] InfoWorld magazine gave it an honorable mention[5] in its Product of the Year for database applications.

John B. Wood joined the company in 1992, and became president and chief executive in 1994.[6] Today, Telos is headquartered in Ashburn, Virginia.

The company had revenues of $200 million in 1996.[7]

On 16 June 2020, Telos Corporation reported its Automated Message Handling System (AMHS) service was granted an additional five years and $15.6 million contract by the Defense Information Systems Agency (DISA).[8]

On 20 May 2020, Telos named retired general Keith B. Alexander as its advisory board's inaugural leader.[9]

In November 2020, the company filed for an initial public offering.[10]

Notes and References

  1. Web site: 85: Telos Corp. . Washington Technology . 2020-10-07 . 2020-10-22 . https://web.archive.org/web/20201022071957/https://washingtontechnology.com/toplists/top-100-lists/2014/telos-corp.aspx . dead .
  2. Web site: Annual Report for the fiscal year ended December 31, 2017 . Form 10-K . SEC . Telos Corporation . April 2, 2018 . August 16, 2018.
  3. Web site: Annual Report for the fiscal year ended December 31, 1995 . Form 10-K . . Telos Corporation . March 29, 1996 . October 2, 2013 .
  4. Hot stuff . . November 19, 1984 . 6 . 47 . 70 .
  5. . May 20, 1985 . 7 . 20 . 22 . Honorable mention.
  6. Web site: John B. Wood Executive Profile . Executive Profile . Bloomberg . S&P Global Market Intelligence . September 5, 2018 . September 5, 2018 .
  7. Web site: Bob. Starzynski. Going global: Bell Atlantic pays $265M for Omnitel. https://web.archive.org/web/20020926052836/http://www.bizjournals.com/washington/stories/1997/01/06/newscolumn4.html. Washington Business Journal. September 26, 2002. January 1997. January 22, 2024.
  8. 16 June 2020. Telos Wins Additional $15.6M DISA Contract for Automated Message Handling System. 30 June 2020. Globe Newswire.
  9. 20 May 2020 . Telos Corporation Welcomes General Keith Alexander as Inaugural Member of Advisory Board . 16 June 2020 . GlobeNewswire.
  10. Web site: Kilgore. Tomi. 19 November 2020. Telos' upsized IPO prices in the middle of the expected range, to value the company at just over $1 billion . 8 December 2020. MarketWatch.