GTSI Wins $63 Million FAA IT Contract.CHANTILLY, Va. -- GTSI GTSI Government Technology Services, Incorporated GTSI Greyhound Travel Services, Inc. (former subsidiary of Greyhound Lines) GTSI Government Technology Services Inc. (R) Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GTSI) a leading Government information technology solutions provider, today announced that the FAA awarded the Company a five-year (one base year and four option years), IDIQ IDIQ Indefinite Delivery, Indefinite Quantity (contracting/procurement) contract (indefinite delivery, indefinite quantity Noun 1. indefinite quantity - an estimated quantity quantity, measure, amount - how much there is or how many there are of something that you can quantify ) worth $63 million when all options are exercised. The contract was awarded under the FAA's Strategic Sourcing for the Acquisition of Various Equipment and Supplies (SAVES) Program. The SAVES initiative is part of the FAA's Flight Plan goal to control costs while delivering quality customer service. In addition, the SAVES Program will help the FAA standardize on technology, consolidate buying, and monitor IT spending. The Office of Financial Controls, with support from FAA's Chief Financial Officer and the FAA Acquisition Executive, led strategic sourcing initiatives for five commodities: Office Supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , Office Equipment, Information Technology Hardware, Printing and Courier Service. GTSI has won one of two IT Hardware contracts. The GTSI contract is a strategic buying vehicle that consolidates the Agency's procurement of Sun, Cisco and other IT peripherals. GTSI will provide high end solutions involving Sun UltraSparc and AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. Opteron servers, Sun storage arrays, Cisco routers and switches, and other equipment. Under this contract, the Company will also provide services to stage and integrate as well as asset tag all equipment purchased. "The FAA is looking to achieve cost efficiencies and minimize its risk," said Todd Leto, GTSI Senior Vice President of Sales. "We value our long term relationship with the FAA and are pleased that this contract will give them that ability and help them achieve their goals. We are also proud of our ongoing relationships with both Sun and Cisco, two companies that not only have outstanding product lines and excellent reputations, but also have very well-run channel programs." Through this contract, GTSI will be instrumental in helping the FAA do three things: First, reduce the total cost of ownership of IT hardware. Second, create a standardized method of purchasing IT hardware throughout the entire Agency; and third, create a specific method of reporting and measuring assets. "From day one, GTSI and the entire team have had one singular focus: provide the FAA with the most powerful and economic computing solution possible," said Bill Vass William (Bill) Vass is the President and COO of Sun Microsystems Federal (a Sun Microsystems subsidiary focusing on business with government organizations). Vass joined Sun in 2000. , president and COO of Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . "Sun has long been a major partner with the FAA and we look forward to being the open source Unix Refers to the versions of Unix that are distributed as open source software, such as BSD Unix, Solaris and Linux. See open source. server of choice." About GTSI Corp. GTSI Corp. is the leading information technology product and solutions aggregator, combining best of breed products and services to produce solutions that meet the Government's evolving needs. For more than two decades, GTSI has focused exclusively on Federal, State, and Local government customers worldwide, offering a broad range of products and services, an extensive contract portfolio, flexible financing options, global integration and worldwide distribution. GTSI's unique Technology Practices consisting of certified experts, deliver exceptional solutions to support government's critical transformation efforts. Additionally, GTSI focuses on systems integrators on behalf of government programs. GTSI is headquartered in Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. , outside of Washington, D.C. Further information about the Company is available at www.GTSI.com/About. GTSI and GTSI.com are registered trademarks of GTSI Corp. in the U.S. and other Countries. All trade names are the property of their respective owners |
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