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.

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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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