Lockheed Martin, ACS trade business units

Lockheed Martin Corp. has completed its acquisition of the federal government information technology businesses of Affiliated Computer Services Inc. At the same time, Lockheed Martin sold its commercial IT units to ACS.

Officials at Lockheed Martin estimate their new federal presence will increase 2004 sales by about $400 million, accounting for its divestiture of the commercial IT business. The company is changing the name of its Technology Services business area to Information and Technology Services.

Lockheed Martin officials also announced the have won a $600 million contract to support the Air Force Pentagon Communications Agency with managed services and classified voice, video and data assistance.

AFPCA supports about 7,500 Defense Department users in the Washington, D.C., region. The contract win is not connected to the ACS business unit, a Lockheed Martin spokesman said.

Featured

  • Defense
    Ryan D. McCarthy being sworn in as Army Secretary Oct. 10, 2019. (Photo credit: Sgt. Dana Clarke/U.S. Army)

    Army wants to spend nearly $1B on cloud, data by 2025

    Army Secretary Ryan McCarthy said lack of funding or a potential delay in the JEDI cloud bid "strikes to the heart of our concern."

  • Congress
    Rep. Jim Langevin (D-R.I.) at the Hack the Capitol conference Sept. 20, 2018

    Jim Langevin's view from the Hill

    As chairman of of the Intelligence and Emerging Threats and Capabilities subcommittee of the House Armed Services Committe and a member of the House Homeland Security Committee, Rhode Island Democrat Jim Langevin is one of the most influential voices on cybersecurity in Congress.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.