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BearingPoint wins $37M Navy contract


Published :
Thu, 08 Mar 2007 17:09
By : Agencies
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MCLEAN, Va. (AP) - BearingPoint Inc., a management and technology consulting firm, on Thursday said it won a program management contract worth up to $37 million to support the U.S. Navy's information technology systems for the U.S. Navy's warfighter and business enterprise operations.

The five-year pact includes support services to standardize management of cost, risk, schedule and performance of massive Navy IT systems.

Shares of BearingPoint rose 13 cents to $7.66 on the New York Stock Exchange, where they have traded between $7.33 and $9.59 in the past year.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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