DLT Solutions Awarded a $167.5 Million Enterprise Agreement by the U.S. Department of the Navy for Red Hat Solutions, Training and Services

Rhea-AI Summary

DLT Solutions, a subsidiary of Tech Data, has secured a $167.5 million enterprise agreement with the U.S. Department of the Navy for Red Hat solutions, training, and services. This contract, awarded through NASA's SEWP government-wide acquisition contract, is a five-year deal that reinforces DLT's commitment to enhancing procurement efficiency, asset visibility, and cost savings for the Navy. DLT's Enterprise Agreement Platform will be employed to manage the contract, facilitating new revenue opportunities and improving service delivery.

Positive

• Awarded a $167.5 million enterprise agreement with the U.S. Navy for Red Hat solutions.
• Successful completion of a previous five-year agreement with the Navy, demonstrating reliability.
• Use of Enterprise Agreement Platform to streamline procurement and management.

Negative

• None.

HERNDON, Va., Feb. 23, 2022 /PRNewswire/ -- DLT Solutions, LLC., a wholly owned subsidiary of Tech Data Corporation, and part of the TD SYNNEX™ family, announced today that it has been awarded a $167.5 million enterprise agreement by the U.S. Department of the Navy (DON) for Red Hat solutions, training and services. It is through the National Aeronautics and Space Administration (NASA) Solutions for Enterprise-Wide Procurement (SEWP) government-wide acquisition contract (GWAC).

DLT Solutions was awarded a $167.5M enterprise agreement by the U.S.Navy for Red Hat solutions, training and services.

DLT was awarded this enterprise agreement after successfully fulfilling a five-year agreement with the DON to procure Red Hat solutions. During this time, DLT was able to help the DON streamline procurement, increase Red Hat asset visibility, maximize contract usage and significantly reduce costs for the DON.

"Managing enterprise agreements is complex, multifaceted and you must have the right resources and systems in place to do it successfully," said Chris Wilkinson, president, DLT Solutions. "The DON has put its trust in DLT and our Enterprise Agreement Platform again by selecting DLT as the sole source for our partners to procure Red Hat solutions in support of the U.S. Navy and Marine Corps."

DLT's recently awarded enterprise agreement with the DON is a five-year contract, offering support for the DON through the following Red Hat offerings:

• Red Hat's open hybrid cloud solutions, including support for Red Hat Enterprise Linux,add-ons, management and provisioning tools such as Red Hat Satellite, Red Hat Consulting and Red Hat Learning Subscriptions.
• Other Red Hat solutions such as Red Hat OpenShift, including OpenShift Virtualization, Red Hat JBoss Enterprise Application Platform, Red Hat Ansible Automation Platform and Red Hat Storage.

DLT will use its Enterprise Agreement Platform to manage this enterprise agreement. The Enterprise Agreement Platform is a turn-key solution that enables technology vendors, channel partners and U.S. public sector end-users secure, manage and maximize enterprise agreements. It also allows technology vendors and channel partners to build and uncover new revenue opportunities, strengthen customer relationships and lockout their competition, and end-users get access to real-time reporting, asset visibility and increased cost avoidance. To learn more about DLT's Enterprise Agreement Platform, please click here.

.@DLTSolutions awarded $167.5M enterprise agreement by the @U.S.Navy for @RedHat solutions, #training and services. DLT's #EnterpriseAgreementPlatform will be used to streamline procurement and management of the #ITsolutions. #publicsector

About DLT Solutions
DLT Solutions is a wholly owned subsidiary of Tech Data and part of the TD SYNNEX family. DLT is the premier government solutions aggregator that specializes in understanding the IT needs of the U.S. federal, state, local and education markets. We help simplify the process for independent software vendors, federal systems integrators and value-added resellers doing business in the U.S. public sector. For more information, please visit www.dlt.com or follow us on LinkedIn, Twitter and Facebook.

About TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We're an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX' 22,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on Twitter, LinkedIn, Facebook and Instagram.

Safe Harbor Statement
Statements in this news release that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

© 2022 TD SYNNEX Corporation. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

Red Hat, Red Hat Enterprise Linux, the Red Hat logo, JBoss, Ansible, Ceph, Gluster and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.

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SOURCE DLT Solutions

FAQ

What is the value of the enterprise agreement awarded to DLT Solutions by the U.S. Navy?

The enterprise agreement is valued at $167.5 million.

What type of solutions does DLT Solutions provide under the new agreement?

DLT provides Red Hat solutions, training, and services.

How long is the enterprise agreement between DLT Solutions and the U.S. Navy?

The enterprise agreement is a five-year contract.

What platform will DLT Solutions use to manage the enterprise agreement?

DLT will use its Enterprise Agreement Platform to manage the contract.

What procurement benefits does the agreement offer the U.S. Navy?

The agreement aims to streamline procurement, increase asset visibility, and reduce costs.