19 : Verizon Communications Inc.
Expanded Profile
Top 100 Revenue: $1,217,650,543
Defense revenue: $515,429,981
Civilian revenue: $702,220,562
2006 revenue: $88.1 billion
2006 earnings : $6.2 billion
2005 revenue: $69.5 billion
2005 earnings: $7.4 billion
Number of employees: 242000
Headquarters: New York City
Web address: www.verizon.com
President/CEO: Ivan Seidenberg, chairman and CEO
Head of gov't business: Susan Zeleniak, vice president, Verizon Federal
Ticker: NYSE: VZ
Lines of business: Wireline-Verizon telecom, wireline-Verizon business and domestic wireless
Major customers: General Services Administration, Defense Department, U.S. Postal Service and U.S. Forest Service
Major contracts/projects: Verizon Business is providing the federal government with voice, data, wireless and Internet services under the GSA''s Networx Universal contract. The contract, worth $20 billion over 10 years, is the first of two Networx contracts awarded by GSA to modernize federal government communications. The U.S. Postal Service also extended its contract with Verizon Business on the Managed Network Services contract through March 2010. Through the contract, Verizon has established one of the world''s largest private networks for the Postal Service. Now the company manages it 365 days a year and supports many aspects of the Postal Service, from operations to administration.
Previous Profile: 2006
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