(By Balaseshan) Lockheed Martin Corp. (NYSE:LMT) said it received contract to deliver secure information technology and data solutions to the U.S. Department of Justice's Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and the U.S. Marshals Service (USMS).
The global security and aerospace company was selected to prime the Enterprise Standard Architecture (ESA) IV contract supplying managed information technology services and secure technology solutions to the ATF and USMS.
The ESA IV contract, which was awarded under the General Services Administration Alliant government wide acquisition contract vehicle, is for seven years and has the potential to expand into other agencies within the contracting vehicle. The total value of this contract, if all options are exercised, is not to exceed $496 million.
Under this contract, Lockheed Martin will provide a full platform of IT and data solutions. The platform includes hardware and software acquisition; desktop PC maintenance and support; application server management; overall system security; help desk services; disaster recovery planning and preparation; data center and new technology insertion initially for 15,000 ATF/USMS seats; and data centers at multiple locations.
Additionally, Lockheed Martin will deliver essential cloud, mobility and data center consolidation solutions, meeting vital government mandates to provide affordability and efficiencies across all government agencies. The contract will be run out of the Washington, D.C. area.
IT & Security Solutions is a line of business within Lockheed Martin's Information Systems & Global Services-Civil division. IS&GS-Civil serves various non-defense U.S. government agencies, international governments and regulated commercial industries.
IS&GS-Civil is responsible for a wide array of information technology systems and services in areas such as health care, energy, transportation, information and cyber security, data consolidation, extreme environments, citizen protection, and space exploration.
LMT is trading up 0.54% at $83.16 on Tuesday. The stock has been trading between $66.36 and $92.24 for the past 52 weeks.