BAE wins contract to continue work at Treasury

BAE Systems will provide managed information technology services to the Treasury Department under a new contract worth up to $325 million over seven years, company officials announced.

BAE Systems will provide the agency’s headquarters and participating bureaus with engineering, implementation, operations, administration and maintenance services. The company will design and deliver the services.

The 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, according to the company.

“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.

BAE Systems, of Rockville, Md., ranks No. 14 on Washington Technology’s 2009 Top 100 list of the largest federal government prime contractors.