DYNCORP TO BUY GTE'S GOVT. IT UNIT; BUY EXPANDS OUTSOURCER'S IT CAPABILITIES, MARKETS.Reston Reston, uninc. city (1990 pop. 48,556), Fairfax co., N Va., a planned community established in 1961. A suburb of Washington, D.C., Reston is organized in a series of residential villages and commercial areas. , Va.-based outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. firm DynCorp is buying GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Corp. subsidiary GTE Information Systems LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (GTE-IS), a Chantilly, Va., provider of integrated telecom services and IT solutions to US and foreign governments, state and local governments and commercial customers. The unit, which employs 960 professionals and support personnel, has 1999 projected revenues of $235 million. The acquisition, expected to close by the end of the year, will significantly increase DynCorp's projected fiscal year 2000 sales to around $1.7 billion. The buy is "consistent with DynCorp's strategy of focusing on IT and outsourcing solutions. GTE is highly regarded for the advanced level of solutions it provides to a variety of federal government agencies," says DynCorp President Paul Lombardi. "It brings DynCorp a level of technology expertise...that strengthens and expands the reach and the content of our current IT practice." |
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