STOCK TITAN

Air National Guard awards Verizon Public Sector $78.8M for digital modernization

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Verizon Public Sector has secured a $78.8 million task order from the U.S. Department of Defense to enhance network modernization services for the Air National Guard (ANG) Readiness Center. The award will expand services across approximately 140 locations, focusing on transitioning from legacy TDM systems to advanced IP voice services and managed network solutions. This initiative is part of the ANG's broader digital transformation strategy, aimed at improving operational capabilities while leveraging Verizon’s expertise in network solutions.

Positive
  • Award of $78.8 million task order enhances Verizon's partnership with the U.S. Department of Defense.
  • Expansion of services to approximately 140 locations increases market reach.
  • Transition to IP voice services aligns with ongoing digital transformation initiatives.
Negative
  • None.

Enterprise Infrastructure Solutions (EIS) task order increases the scope of services provided by Verizon Public Sector and the number of geographic locations throughout the Air National Guard network

WASHINGTON, July 28, 2021 (GLOBE NEWSWIRE) -- The U.S. Department of Defense has awarded Verizon Public Sector a $78.8M Enterprise Infrastructure Solutions (EIS) task order to provide advanced network modernization services to the Air National Guard (ANG) Readiness Center. Once exercised, the ANG network will expand to include roughly 140 locations. The order expands Verizon’s existing partnership to include Internet Protocol (IP) voice services and managed network services to help the ANG achieve its mission.

Voice modernization from legacy Time-Division Multiplexing (TDM)-based platforms to IP/Session Initiation Protocol (SIP) solutions is a key initiative within the U.S. Department of Defense. Verizon’s managed services and innovative network solutions expertise will enable the ANG to successfully navigate this digital transformation.

“Verizon’s managed services solutions are tailor made to support the modernization of the Air National Guard to IP-enabled voice services,” said Jennifer Chronis, Senior Vice President for Public Sector at Verizon. “This award enables the Verizon Public Sector team to build on the innovative work we’ve been performing throughout DoD and the Air National Guard, helping our customers transition legacy enterprise networks into forward-looking platforms that utilize Verizon’s next-generation technologies.”

Media contact:
Geoffrey Basye
geoffrey.basye@verizon.com
(202) 748-1882


FAQ

What is the value of the Verizon Public Sector task order for the Air National Guard?

The task order is valued at $78.8 million.

How many locations will the Air National Guard network expand to with Verizon's services?

The network will expand to include approximately 140 locations.

What services will Verizon provide under the new task order?

Verizon will provide advanced network modernization services, including IP voice services and managed network services.

When was the task order awarded to Verizon Public Sector?

The task order was awarded on July 28, 2021.

Verizon Communications

NYSE:VZ

VZ Rankings

VZ Latest News

VZ Stock Data

184.97B
4.21B
0.04%
65.53%
1.2%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
NEW YORK