Telos Corp. Invests $5 Million To Upgrade Its Loudoun County, Virginia, Headquarters
01/14/2014
“My top priority as governor is to grow and diversify Virginia’s economy and make Virginia a leader in 21st Century industries like cybersecurity,” said Gov. Terry McAuliffe. “I am pleased that Virginia has retained Telos Corporation with this project and that such a major employer will add 160 new jobs here in the Commonwealth. Investing in a significant facility upgrade and increased cybersecurity capacity is a great testament to the assets Virginia has and Telos’ confidence in a long and successful future in the Commonwealth.”
“Telos has long been committed to Loudoun’s economic development,” said Telos Chairman and CEO John B. Wood. “We’re pleased to continue to make our home in this vibrant business environment.”
The cybersecurity firm has provided innovative IT solutions and services to the government and commercial organizations for more than 30 years, focusing on cybersecurity since 1997. The company’s solutions ensure that the most security-conscious organizations, including Department of Defense, the Intelligence Community, and financial services firms, comply with demanding information security mandates.
The Virginia Economic Development Partnership worked with Loudoun County to secure the project for Virginia. Former Governor Bob McDonnell approved a $500,000 grant from the Governor’s Opportunity Fund to assist Loudoun County with the project. The company is also eligible to receive a Major Business Facility Job Tax Credit. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company’s recruitment and training activities.
Loudoun County Economic Development Director Buddy Rizer said, “The cybersecurity industry in Loudoun County is poised to grow ten-fold over the next 10 years, and Telos is a leader in that arena.”
Project Announcements
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Google Plans Cedar Rapids, Iowa, Data Center
03/25/2024
Canada-Based Premier Tech Establishes Williamsport, Pennsylvania, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024