Lockheed Joins HP-led Team to Bid on $4.5B NGEN Contract

Lockheed Martin Corp. (NYSE: LMT) has joined a team led by Hewlett-Packard (NYSE: HPQ) that will bid on the U.S. Navy‘s multi-billion dollar Next Generation Enterprise Network contract.

The Navy is expected to release an official NGEN request for proposals within the next few days, Politico reported.

HP has held the Navy-Marine Corps Intranet contract since 2008 and was recently awarded $3.4 billion to continue managing the network and support the NGEN transition through 2015.

As a subcontractor, Lockheed will bring “added depth and experience in security, and command and control systems, and the informational needs of the Navy and Marine Corps mission, ” according to a note sent to HP employees.

Additional HP team members include:

  • AT&T (NYSE: ATT)
  • IBM (NYSE: IBM)
  • Northrop Grumman (NYSE: NOC)

Awardees will replace the Navy-Marine Corps Intranet used to connect military computers on a global scale.

Computer Sciences Corp. (NYSE: CSC), General Dynamics (NYSE: GD), Harris Corp. (NYSE: HRS) and Verizon (NYSE: VZ) have formed their own partnership to bid on NGEN.

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