Lumen wins $110 million contract from Defense Information Systems Agency

Rhea-AI Summary

Lumen Technologies (NYSE: LUMN) has secured a $110 million contract from the U.S. Defense Information Systems Agency (DISA) to provide secure, mission-critical network services to the U.S. Department of Defense. The contract spans over a five-year period from November 30, 2023, through September 30, 2028, and includes operating and maintaining DISA's fiber backbone, colocation facilities, dark fiber, diverse end-to-end network infrastructure, new fiber builds, and system updates.

Positive

• The contract is a significant win for Lumen Technologies, showcasing the company's ability to provide secure and reliable network services to critical government agencies.
• The contract's duration of five years provides a stable revenue stream for Lumen Technologies, contributing to long-term financial stability and growth.

Negative

• None.

Company will provide mission-critical fiber and network services

WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) recently won an approximately $110 million contract from the U.S. Defense Information Systems Agency (DISA) to provide secure, mission-critical network services to the U.S. Department of Defense.  

"Lumen's robust fiber network delivers always-on, 24/7 services that power the U.S. Department of Defense."

"Lumen's robust fiber network delivers always-on, 24/7 services that power the U.S. Department of Defense," said Jason Schulman, Lumen national vice president, federal sales. "DISA leverages the Lumen network's strength, diversity and resiliency to achieve its mission of connecting and protecting America's service men and women who help defend our nation."

Under this new contract, Lumen will operate and maintain DISA's fiber backbone, which includes colocation facilities, dark fiber, diverse end-to-end network infrastructure, new fiber builds, and system updates that use new technologies to improve network resilience, decrease latency and increase availability. This award is an extension of an existing network services contract DISA previously awarded to Lumen. 

Tech Talk:

• The contract has a ceiling of approximately $110 million over a five-year period of performance from November 30, 2023, through September 30, 2028.
• Lumen provides more than 11,000 fiber miles in support of the U.S. Department of Defense Information Network.
• Lumen proudly supports military and civilian agencies' IT modernization efforts with the security and reliability government agencies need to carry out their important missions.

Additional Resources:

• Learn more about our $223 million contract from the U.S. Defense Information Systems Agency to provide secure, mission-critical communications services: https://news.lumen.com/2023-02-02-Lumen-wins-223-million-Defense-Information-Systems-Agency-contract
• Learn more about our Defense Information Systems Agency $1.5 billion award to provide network transport to the U.S. Indo-Pacific Command Area of Responsibility: http://news.lumen.com/2022-11-01-Lumen-wins-1-5-billion-Defense-Information-Systems-Network-contract
• Learn more about our U.S. Department of Agriculture $1.2 billion network services award: https://news.lumen.com/2022-01-20-U-S-Department-of-Agriculture-awards-Lumen-1-2-billion-network-services-contract
• Learn more about our U.S. Department of the Interior $1.6 billion network services award: https://news.lumen.com/2020-01-16-U-S-Dept-of-the-Interior-Awards-CenturyLink-1-6-Billion-EIS-Network-Services-Win
• Learn more about how Lumen is supporting the public sector here:
  https://www.lumen.com/public-sector.html

About Lumen Technologies:
Lumen connects the world. We are igniting business growth by connecting people, data, and applications – quickly, securely, and effortlessly. Everything we do at Lumen takes advantage of our network strength. From metro connectivity to long-haul data transport to our edge cloud, security, and managed service capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Learn more about Lumen's public policy positions and public sector capabilities on Twitter at @lumengov and on LinkedIn at @lumenpublicsector.

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SOURCE Lumen Technologies

FAQ

What contract did Lumen Technologies secure recently?

Lumen Technologies secured a $110 million contract from the U.S. Defense Information Systems Agency (DISA) to provide secure, mission-critical network services to the U.S. Department of Defense.

What is the duration of the contract?

The contract spans over a five-year period from November 30, 2023, through September 30, 2028.

What services will Lumen provide under the contract?

Lumen will operate and maintain DISA's fiber backbone, including colocation facilities, dark fiber, diverse end-to-end network infrastructure, new fiber builds, and system updates using new technologies to improve network resilience, decrease latency, and increase availability.