Huge Information Technology Conracts

     From Fed Scoop:

The Social Security Administration tapped three companies to handle its information technology services Aug. 21, awarding the trio a combined $7.8 billion contract.

The agency — which projects it will have to process benefits for an additional 70 million Baby Boomers over the next decade — selected Lockheed Martin, Northrop Grumman and CGI Federal Inc. to handle its IT operations. ...

The indefinite delivery, indefinite quantity contract may last up to 10 years —it has four two-year options to extend — and will cover software and web lifecycle opportunities, database administration, software engineering and management support, and systems administration and security support.

Northrop Grumman took the lion’s share of the contract’s value, netting a $3 billion award in potential task orders, followed by CGI Federal’s $2.4 billion and Lockheed Martin’s $2.3 billion, if all options are exercised.