Big Contract For Verizon

From a press release:

Verizon Business has won a new $140 million task order to continue work for the Social Security Administration under the company’s existing contract with the government agency.

Verizon Business, a unit of Verizon Communications Inc. (NYSE: VZ), that is based in Ashburn, will provide Internet protocol (IP) and data services to the administration through 2017 under terms of the new order, if all options to continue the work are exercised.

Work will include updating the portion of the administration’s network it uses to connect with external business partners to a new IP platform based on multi-protocol label switching technology. Verizon Business already completed a similar update for the Social Security Administration’s internal network.