Xerox Awarded $103M Defense Dept. Contract

Xerox (NYSE:XRX) has won a $103 million contract to provide printing services and technology to the U.S. Department of Defense for the next five years, the company said on Thursday.

The Norwalk, Conn.-based maker of document equipment and software will manage the in-house printing for the Defense Logistics Agency.

In a statement, Xerox's public sector vice president of global document services, Sherman Parker, said the contract enables the agency to reduce costs, unleash new capabilities and more effectively serve the Department of Defense.

Xerox, which has provided services to Defense for more than 40 years, said its products and support will be available to DLA Document Services facilities nationwide.