Commonwealth of Virginia Finalizes Northrop Grumman $2 Billion IT Infrastructure Partnership Contract
MCLEAN, Va., July 12, 2006 -- Northrop Grumman Corporation (NYSE:NOC) and the commonwealth of Virginia have finalized their information technology (IT) infrastructure partnership contract. The 10-year contract is valued at approximately $2 billion and includes cost reimbursable, fixed-priced and fixed-unit pricing contractual provisions.
Northrop Grumman’s Information Technology sector has been supporting the Virginia Information Technologies Agency (VITA) in its IT infrastructure transformation of 91 executive branch agencies during the interim phase of the contract.
“Northrop Grumman and VITA have created a true partnership and we look forward to strengthening our relationship with the VITA professionals,” said Hugh Taylor, president of Northrop Grumman IT’s Commercial, State and Local Group. “Together, we will provide the commonwealth with improved information technology resources and services.”
Northrop Grumman, with nearly 32,000 employees in Virginia, is the commonwealth’s largest non-retail private employer, and provides information technology solutions to several local Virginia governments, including Roanoke and Stafford counties.
Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With approximately 125,000 employees and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.
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