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Business/Financial

TSA Awards Lockheed Martin $700 Million For Specialized Security Training

DDN

Tuesday, August 18th, 2009

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The Transportation Security Administration (TSA) has awarded Lockheed Martin [LMT] a potential five-year, $700 million contract to provide specialized security training services to the agency's workforce. Lockheed Martin was already under contract to perform similar work under a previous award with TSA. The indefinite-delivery, indefinite-quantity contract has a base-year and four one-year options. The training services include a wide range of capabilities including behavioral detection, bomb appraisal, checkpoint evolution, fraudulent document identification, physical security, screening and more. TSA says that…

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