Lockheed Gets $217 Million to Upgrade Pentagon IT

Lockheed Martin (NYSE: LMT  ) has been awarded a $217 million, five-year contract to provide the Department of Defense with information technology equipment, software development tools, and relevant services to support the DoD's IT, information assurance, and information management activities. All of these activities are being performed under the aegis of the DoD's "2013 Campaign Plan" for IT modernization.

The defense contractor announced Monday that it had won the contract from DoD's Chief Information Office, helped in part by the fact that "26 years ago, Lockheed Martin helped write the DoD Architecture Framework, under which the Department of Defense operates today."

Lockheed Martin promised in a statement that its "information technology expertise will help create a seamless, secure Joint Information Environment, by creating streamlined IT modernization, enhanced warfighter capabilities, and faster, tactical connectivity."


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