Verizon Bags $495M DoD Contract For Research Network


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  • Verizon Communications Inc’s (NYSE:VZ) Verizon Public Sector has won a $495 million contract from the U.S. Department of Defense (DoD) to deliver a next-generation, high-bandwidth, low-latency, Layer 2 vast area network in support of critical research.
  • Verizon’s managed services solutions will create a next-generation user experience for research teams with the DREN platform and enhance security across the network.
  • DREN is a high-speed fiber-optic network that connects military supercomputers and multi-disciplinary teams of researchers to collaborate in scientific research, engineering, and testing efforts for the DoD.
  • Price action: VZ shares traded lower by 0.04% at $56.64 in the premarket session on the last check Thursday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsTechMediaBriefsDepartment of Defense