SAIC Loses Bid Protest Over $5B Pentagon IT Contract

Law360, New York (October 4, 2012, 9:58 PM EDT) -- The U.S. Government Accountability Office on Monday shot down SAIC Inc.'s bid protest over the company's loss of a Defense Information Systems Agency contract worth up to $4.6 billion, leaving Lockheed Martin Corp. in place to transform the U.S. Department of Defense's global information grid.

The GAO announced the decision without commenting on the matter.

DISA tapped Lockheed for the lucrative Global Systems Management Operations deal on June 15, ousting SAIC from what had been its largest government contract. The deal is worth around $2 billion...
To view the full article, register now.