BAE Systems to Provide Managed IT Services to U.S. Department of Treasury

RESTON, Virginia — BAE Systems has received a contract from the U.S. Department of the Treasury for managed information technology services with a ceiling of $325 million over seven years. BAE Systems competed against major enterprise IT companies to serve the nation’s leading fiduciary agency.

BAE Systems will provide Treasury headquarters and participating bureaus with engineering, implementation, operations, administration, and maintenance services. The company will design and deliver these services at a firm, fixed price.

“Treasury is the federal agency at the center of our economic recovery, and fulfilling that critical mission demands nothing less than excellence in information technology solutions and support,” said Gene Glazar, president of BAE Systems’ Information Solutions group. “The award demonstrates our capacity to tackle enterprise-level projects for even the largest customers and to serve customers outside the U.S. Department of Defense and Homeland Security areas.”

The just-awarded contract is the successor to the Treasury Seat Management contract, which BAE Systems held for 10 years. Treasury Seat Management was a performance-based services contract to provide daily management and operation of IT infrastructure assets and processes for Treasury headquarters. Under the new contract, BAE Systems becomes a managed-services provider to the Treasury, providing end-to-end products and services.