Friday, March 27, 2009

Lockheed Martin Wins GSA Contract to Support Application Needs for Federal Acquisition Service

Lockheed Martin (NYSE: LMT) has been awarded a Basic Purchase Agreement with a ceiling value of $400 million by the General Services Administration to provide software and systems support to the Federal Acquisition Service (FAS).

Under the contract, known as the FAS Applications, Maintenance and Enhancements (FAME) program, Lockheed Martin will perform task orders consisting of mission critical applications, contract transition activities, and program management. The contract is expected to expand to additional operation and maintenance and modernization.

Peggy Burns, vice president for Information and Knowledge Solutions at Lockheed Martin, said, "We are excited to be able to serve the mission application needs of GSA and the Federal Acquisition Service, as they strive to leverage their buying power to get the best value for agencies across the Federal Government. We commit to delivering excellent services to this valued customer."

The single-award BPA was awarded under the GSA Schedule 70 contracting vehicle.

Lockheed Martin is joined by teammates Booz Allen Hamilton, McLean, Va.; Dynanet Corporation, Elkridge, Md.; CGI Group, Inc., Fairfax, Va.; Applied Engineering Management Corporation, Chantilly, Va.; TEK Systems, Hanover, Md.; MacQuarium, Atlanta, Ga.; Emesec, Inc., Herndon, Va.; and UPP Business Systems, Downers Grove, Ill.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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