Lockheed Martin Corporation


Lockheed Martin to Manage IT Infrastructure for FDIC

Lockheed Martin Information Support Services has been awarded the Federal Deposit Insurance Corporation's (FDIC) $45 million Client IT Support Services contract.

The five-year contract calls for Lockheed Martin to support FDIC's entire information technology infrastructure from network performance management to desktops and peripherals. The company will establish a consolidated customer support center that will be 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 country.

The contract calls for a three-year period of performance, with two one- year options, beginning October 31, 2001.

In support of this effort, Lockheed Martin is positioning people at FDIC's six headquarters locations in the Washington D.C. metropolitan area, and one of its eight regional offices in Dallas/Fort Worth. The staffs will also assist users at the other seven regional offices and FDIC's 94 U.S. field offices.

Linda Gooden, president of Lockheed Martin Information Support Services, said, "Today the demands placed on Government agencies require the best level of Information Technology support that industry can provide. 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."

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

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation's core businesses are systems integration, space, aeronautics, and technology services. Information Support Services is a business unit of Lockheed Martin providing information technology business systems, managed services and infrastructure solutions to major government agencies.


SOURCE: Lockheed Martin Information Support Services

Contact: Joe Wagovich of Lockheed Martin Information Support Services,