State government contractor Affiliated Computer Services Inc. has some ambitious growth plans. The provider of information technology outsourcing services for governments and the private sector announced yesterday that it would double its revenue to $10 billion by 2010, according to an Associated Pressarticle.
Much of the growth, said Lynn Blodgett, ACS chief executive officer, would come from selling more to government. The last time ACS appeared on Government Executive's Top 50 IT Contractor's list was in 2004, when the company had $481 million in sales. That was good enough for 15th on the list. It sold its federal business to Lockheed Martin in 2003, so now its growth in government sales must come from its state and local government business.
ACS announced yesterday "it won a five-year deal worth $19.6 million from the Texas Health and Human Services Commission to provide call-center services to families receiving food stamps and other assistance," according to the AP.
"ACS reported $5.3 billion in revenue in 2006, a 23 percent increase over the previous year," the AP added.