Lockheed Martin was awarded two contracts by the Internal Revenue Service (IRS) to help modernize its technologies and streamline its processes. The contracts, worth $36 million, were awarded under the Total Information Processing Support Services (TIPSS-3) contract vehicle.

Under the first contract, known as Account Management Services (AMS) Notice Services, Lockheed Martin will automate the process to prepare, manage and store customer account notices, significantly reducing production time and enhancing taxpayer service. This system will serve as a backbone to provide timely and accurate notices to taxpayers and will allow IRS employees faster access to taxpayer accounts.

Under the second contract, Lockheed Martin will modernize and maintain the Computer Assisted Publishing System (CAPS) to develop, produce and distribute published materials. The system will provide the software applications to create IRS publications, manuals, specialized tax products and the million of tax forms distributed to the public each year.

"Through advanced technology and process improvement expertise, the Lockheed Martin team is ready to support the IRS in its strategic program to enhance taxpayer service," said Joseph Cipriano, president of Lockheed Martin Business Process Solutions. "We will help the IRS IT-enable its processes to allow it to be more responsive and cost efficient."

Lockheed Martin has supported the IRS in a wide range of information technology initiatives since 1995.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion.

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http://www.lockheedmartin.com/

SOURCE: Lockheed Martin