Lockheed lands big Defense IT contract

Monday - 6/18/2012, 4:11pm EDT

The federal government's largest contractor landed up to $1.9 billion worth of work Friday in a deal to operate Defense Department networks across the globe.

Bethesda, Md.-based Lockheed Martin won a full-and-open competition first opened in January 2011 by the Defense Information Systems Agency. The contract, known as Global Information Grid (GIG) Services Management-Operations (GSM-O) will give Lockheed the job of supporting the day-to-day operations on the global telecommunications system.

The indefinite delivery/indefinite quantity contract is a successor to work now being performed by Science Applications International Corporation. That deal with DISA was SAIC's single largest contract, Bloomberg News reported Monday.

Lockheed's three-year contract could extend an additional four years, generating a total value of $4.6 billion.

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