Lockheed Gets $500M Contract for 2010 U.S. Census

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The U.S. Census Bureau (search) Monday said it awarded Lockheed Martin Corp (LMT) a six-year contract valued at more than $500 million to handle information technology work for the 2010 national census.

Bethesda, Maryland-based Lockheed beat out Electronic Data Systems Corp (EDS) to win the contract, which will include developing an option for U.S. residents to file their census questionnaires on the Internet.

The contract also includes systems, facilities and staffing to capture and standardize census data via paper census forms, telephone and the Internet, the agency said in a statement.

Lockheed, which did similar work on the 2000 census, teamed with IBM Corp. (IBM), Computer Sciences Corp., Pearson Government Solutions and several other companies to bid for the cost-plus, award-fee contract.

Lockheed shares were trading 19 cents higher at $61.48 on the New York Stock Exchange.