Verizon Public Sector Selected For 10-year $2.67B Navy Contract To Provide Wireless Devices And Services Through The Wireless And Telecommunications Services Contract Vehicle (Spiral 4)
Portfolio Pulse from Benzinga Newsdesk
Verizon Public Sector has been awarded a 10-year, $2.67 billion contract by the Department of the Navy to provide wireless devices and services. This contract, known as Spiral 4, aims to offer cost-effective and advanced wireless mobility solutions to military personnel and federal civilian agencies.
May 30, 2024 | 12:44 pm
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Verizon Public Sector has secured a significant 10-year, $2.67 billion contract with the Department of the Navy to provide wireless devices and services. This contract is expected to enhance Verizon's revenue and market position in the public sector.
The $2.67 billion contract will likely boost Verizon's revenue and strengthen its market position in the public sector. The long-term nature of the contract provides financial stability and potential for future growth.
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