Lockheed wins $1.9 billion A-76 deal with FAA
- By Mary Mosquera
- Feb 03, 2005
The Federal Aviation Administration has selected Lockheed Martin Corp. to provide services that the agency currently performs, following an OMB A-76 competition.
The $1.9 billion contract has a five-year base with five one-year options. FAA estimates it will save $2.2 billion over 10 years by privatizing the work. Lockheed initially will offer the 2,500 affected FAA employees jobs.
The company will install hardware and software for integrated systems the FAA uses to track flight plans, weather and other aeronautical information.
Mary Mosquera is a reporter for Federal Computer Week.