VALLEY FORGE, Pa., June 20, 2012 /PRNewswire/ -- The Defense Information Systems Agency (DISA) has chosen Lockheed Martin (NYSE: LMT) to manage the transformation of the Department of Defense's global data network.  The work will take place under an innovative, seven-year Global Systems Management Operations (GSM-O) contract. The contract would run for three years and includes two two−year options, with a total contract ceiling of $4.6 billion. The contract includes a mix of firm-fixed-price, fixed-price with incentive, cost-plus-incentive-fee, cost-plus and fixed-fee pricing plans. GSM-O is headquartered at Fort Meade, Md., with multiple support locations worldwide.

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"Lockheed Martin is honored to be selected for this critical responsibility, which we regard as a singular opportunity to coordinate with DISA to improve the speed and efficiency of information exchange between our joint warfighters around the world and their commanders and allies," said Gerry Fasano, president of Lockheed Martin Information Systems & Global Solutions-Defense.

GSM-O is the largest of three DISA Global Systems Management contracts. It provides programmatic, operations, and engineering services; material; equipment; and facilities to support the lifecycle management of the network. Lockheed Martin teammates include AT&T, ACS, Serco, BAE Systems, ManTech, and other specialized and small businesses.

"In addition to being committed to managing a smooth transition of GSM-O responsibilities to the Lockheed Martin team, we're excited to use our team's commercial best practices to evolve the network into one that supports new communications capabilities and technologies that directly affect warfighters' ability to achieve mission success," Fasano said. "As information is produced and consumed at speeds and volumes that were once unimaginable, our warfighters need an enterprise architecture that can be quickly adapted and enhanced for new technologies while effectively managing costs."

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.

For additional information, visit our website: www.lockheedmartin.com

SOURCE Lockheed Martin