Wednesday, March 15, 2006

Lockheed Wins Part of U.S. Army Tech Contract

A Reuters news snippet, via The Washington Post, reports that:

Lockheed Martin Corp. said on Wednesday it won part of a $19 billion technology contract for the U.S. Army, to be carried out over the next 10 years as the Pentagon overhauls the armed forces' computer and communication systems.

Lockheed, one of seven companies sharing the work, said it is to provide the U.S. Army with engineering, logistics, and business operations services support under the Strategic Services Sources program, known as S3. The program is being carried out under a ten-year, indefinite delivery/indefinite quantity contract with a base of five years and one five year option.


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