28 Jul 2009 | Ref. 126/2009
RESTON, Virginia — BAE Systems has received a contract from the U.S. Department of the Treasury for managed information technology services with a ceiling of $325 million over seven years. BAE Systems competed against major enterprise IT companies to serve the nation’s leading fiduciary agency.
BAE Systems will provide Treasury headquarters and participating bureaus with engineering, implementation, operations, administration, and maintenance services. The company will design and deliver these services at a firm, fixed price.
“Treasury is the federal agency at the center of our economic recovery, and fulfilling that critical mission demands nothing less than excellence in information technology solutions and support,” said Gene Glazar, president of BAE Systems’ Information Solutions group. “The award demonstrates our capacity to tackle enterprise-level projects for even the largest customers and to serve customers outside the U.S. Department of Defense and Homeland Security areas.”
The just-awarded contract is the successor to the Treasury Seat Management contract, which BAE Systems held for 10 years. Treasury Seat Management was a performance-based services contract to provide daily management and operation of IT infrastructure assets and processes for Treasury headquarters. Under the new contract, BAE Systems becomes a managed-services provider to the Treasury, providing end-to-end products and services.
About BAE Systems
BAE Systems is the premier global defense, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded £18.5 billion (US $34.4 billion) in 2008.
For more information, please contact:
Sue Cushing, BAE Systems
Tel: +1 703 668 4025 Mobile: +1 571 926 7424
sue.cushing@baesystems.com
Shannon Smith, BAE Systems
Tel: +1 703 907 8257 Mobile: +1 703 967 3854
shannon.n.smith@baesystems.com
