) recently announced that it has been selected by the U.S. General
Services Administration's (GSA) Federal Systems Integration and
Management Center (FEDSIM) to operate and manage the database and
middleware systems for the agency's Federal Acquisition Service
This award forms a part of GSA's Alliant government-wide
acquisition contract for the Database and Middleware Support
(DBAMS) project. This organization primarily obtains goods and
services for agencies across the federal government.
The contract spans for five years and is estimated to be worth
$28 million. It has a 2.5-month base period and four one-year
options as well as one 9.5-month option period subsequently.
The DBASM contract will involve consolidation and upgrade of
FAS' mission-critical databases and middleware. These systems
enable the organization's core mission applications and are
integral to FAS' electronic commerce, acquisition and document
Additionally, Unisys might be required to provide assessment
services to ensure smooth transition of the FAS database and
middleware systems to a cloud-based database-as-a-service model. As
a result of this migration, GSA will not be required to deploy and
maintain its own database hardware and software, thereby leading to
Management at Unisys is encouraged by this expanded relationship
Earlier, Unisys was awarded the Enterprise Storage Acquisition
task order from the Internal Revenue Service (IRS), whereby Unisys
will provide private cloud-based storage for the agency's
The task order, with a one year base period and nine one-year
options, is estimated at $139 million over 10 years, if options are
exercised. The worth was estimated by including pricing for each
year based on the IRS's estimate of its storage
Unisys is currently focusing on business opportunities in fewer
but more profitable markets in the information technology (IT)
marketplace. The company has identified and narrowed its focus
around its core areas of strength - namely Security, Data Center
Transformation and Outsourcing, which includes its Technology
business, End User Outsourcing and Application Modernization.
In the long run, we maintain a Neutral recommendation on Unisys.
However, we have a Zacks#1 Rank on the stock, which translates into
a short-term rating of Strong Buy.
UNISYS (UIS): Free Stock Analysis Report
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