Lockheed Martin Scores $45 Million FDIC Deal

Lockheed Martin Corp. has been awarded the Federal Deposit Insurance Corp.'s $45 million client information technology support services contract, the company announced Nov. 30.


Under the terms of the five-year contract, Lockheed Martin of Bethesda, Md., will support the FDIC's IT infrastructure, from network performance management to desktops and peripherals.

The company will establish a consolidated customer support center that will serve as a centralized help desk and network operations center, providing proactive server, network device, desktop and remote access service delivery for the FDIC's 6,500 users across the United States.


The contract is for three years with two one-year options, and was awarded to Lockheed Martin's Information Support Services division.


To support the contract, Lockheed Martin is basing people at FDIC's six headquarters locations in the Washington area, and at one of eight regional offices in the Dallas area. The staffs will assist users at the remaining regional offices and the FDIC's 94 field offices around the country.


Congress established the FDIC in 1933 to maintain stability and public confidence in the nation's financial system. The FDIC insures deposits at about 9,700 banks and savings associations. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing the risks to which they are exposed.


"We are very proud that the FDIC, whose data streams are critical to its vital national mission, has selected Lockheed Martin to provide the managed IT services that support these requirements," said Linda Good, president of Lockheed Martin ISS.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.