Telos Corporation Accelerates Growth to Process Background Checks for Aviation Workers at U.S. Airports
Telos Corporation (NASDAQ: TLS) announced strong growth in its Designated Aviation Channeling (DAC) service, securing five renewals and two new clients, including Kalitta Air and Kalitta Charters. Major clients renewing their services include Dayton International Airport and Philadelphia International Airport. The DAC service complies with TSA and DHS standards, enhancing security and efficiency in credentialing and vetting processes. Telos aims to maintain high customer satisfaction, evidenced by long-lasting partnerships with aviation clients, reinforcing its position in the cybersecurity sector.
- Secured two new customers in the DAC service.
- Achieved five customer renewals, signifying strong client loyalty.
- DAC services meet TSA and DHS security standards, enhancing market credibility.
- Long-term relationships with clients demonstrate sustained trust in Telos' services.
- None.
Cybersecurity leader’s aviation channeling service experiences consistent growth, with five renewals and two new customers
ASHBURN, Va., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Telos® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, announced today continued momentum surrounding the company’s Designated Aviation Channeling (DAC) service, with two new customers and five customer renewals secured through 2023.
Kalitta Air, LLC and Kalitta Charters, Telos’ newest DAC customers, join an impressive roster of aviation customers, including those renewing Telos’ DAC services, with some having been with Telos for nearly ten years. These renewals include Dayton International Airport (DAY), Luis Muñoz Marín International Airport (SJU), Philadelphia International Airport (PHL), Phoenix Sky Harbor International Airport (PHX) and San Bernardino International Airport (SBD).
“Our DAC aviation partners’ decision to continue the use of our DAC service is a testament to the impact our aviation channeling services have had on increasing efficiencies within their credentialing and vetting operations, while ensuring the identities of aviation workers,” said Dawn E. Lucini, vice president of aviation security, Telos. “We look forward to continuing to support our outstanding roster of aviation customers with excellence in credentialing and vetting services, all while upholding unwavering security, reducing costs and providing superior customer care and flexibility.”
Telos’ DAC services meet Transportation Security Administration (TSA) and Department of Homeland Security (DHS) requirements for handling personally identifiable information and biometrics. The services provide critical security solutions and outstanding 24/7 customer care to conduct comprehensive background checks for those working in secure areas of U.S. commercial airports, enabling the submission of worker biographic and biometric data for a secure, efficient, cost-effective approach.
For more information about Telos Designated Aviation Channeling services, visit: www.aviationchanneling.com.
Forward-Looking Statements
This press release contains forward-looking statements which are made under the safe harbor provisions of the federal securities laws. These statements are based on the Company’s management’s current beliefs, expectations and assumptions about future events, conditions and results and on information currently available to them. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company believes that these risks and uncertainties include, but are not limited to, those described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time in the Company’s filings and reports with the U.S. Securities and Exchange Commission (SEC), including their Annual Report on Form 10-K for the year ended December 31, 2020 and their Report on Form 10-Q for the quarter ended September 30, 2021, as well as future filings and reports by the Company, copies of which are available at https://investors.telos.com and on the SEC’s website at www.sec.gov.
Although the Company bases these forward-looking statements on assumptions that they believe are reasonable when made, they caution the reader that forward-looking statements are not guarantees of future performance and that the Company’s actual results of operations, financial condition and liquidity, and industry developments may differ materially from statements made in or suggested by the forward-looking statements contained in this release. Given these risks, uncertainties and other factors, many of which are beyond their control, the Company cautions the reader not to place undue reliance on these forward-looking statements. Any forward-looking statement speaks only as of the date of such statement and, except as required by law, the Company undertakes no obligation to update any forward-looking statement publicly, or to revise any forward-looking statement to reflect events or developments occurring after the date of the statement, even if new information becomes available in the future. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless specifically expressed as such, and should only be viewed as historical data.
About Telos Corporation
Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with solutions for continuous security assurance of individuals, systems, and information. Telos’ offerings include cybersecurity solutions for IT risk management and information security; cloud security solutions to protect cloud-based assets and enable continuous compliance with industry and government security standards; and enterprise security solutions for identity and access management, secure mobility, organizational messaging, and network management and defense. The company serves commercial enterprises, regulated industries and government customers around the world.
Media:
Mia Wilcox
media@telos.com
(610) 564-6773
Investors:
Tom Phillips
InvestorRelations@telos.com
FAQ
What recent achievements has Telos Corporation (TLS) made in its aviation services?
Which airports are renewing services with Telos Corporation (TLS)?
What is the significance of Telos Corporation's (TLS) DAC service?
Who are Telos Corporation's (TLS) new clients in the aviation sector?
