BAE Systems Wins Competitive $120 Million Award to Develop Applications for U.S. Department of Labor.MCLEAN, Va. -- BAE Systems has been awarded a five year contract by the U.S. Department of Labor to provide IT application development for the Bureau of Labor Statistics Bureau of Labor Statistics (BLS) A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables. (BLS See Bureau of Labor Statistics. ). BAE Systems has been providing application development services to the BLS since 1992. The Blanket Purchase Agreement under General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. schedule brings a potential value of more than $120 million. Under this contract, BAE Systems will continue to provide development, sustainment and operation of highly sophisticated systems generating numerous Principal Federal Economic Indicators Economic indicators The key statistics of the economy that reveal the direction the economy is heading in; for example, the unemployment rate and the inflation rate. . More than 200 technical staff with capabilities in system architecture, software engineering, databases, business intelligence, and statistical applications are employed on the contract. "BAE Systems will continue to grow its long-standing relationship with the Bureau of Labor Statistics and the Department of Labor by bringing its extensive expertise in developing solutions that enable delivery of critical measures of the U.S. economy," said Rick Schieffelin, president of BAE Systems Information Technology BAE Systems Information Technology (BAE-IT) is a division of BAE Systems Inc.. It was formed by merging BAE Systems Enterprise Systems, Inc. (BAE Systems ESI) and DigitalNet Holdings, Inc. BAE Systems completed its purchase of DigitalNet on October 25 2004 for $600 million. . BAE Systems Information Technology is a full-service solutions provider of information systems and services that offers network and managed IT operations to provide secure, reliable solutions in support of mission-critical customer needs. BAE Systems Information Technology supports advanced computing operations across the federal government and is directly involved with many of the government's most sophisticated agencies in delivering new technologies. Internally, BAE Systems Information Technology has been growing its Enterprise IT business area to include the in-sourcing of the company's IT services across its operations in North America. About BAE Systems BAE Systems is the premier global defense and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . BAE Systems, with 96,000 employees worldwide, had 2006 sales that exceeded $27 billion on a pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma basis, assuming BAE Systems had owned Armor Holdings, Inc. for the whole of 2006. |
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