Verizon Snags Biggest Government Communications Contract

Verizon landed a massive $1.1 billion worth of new contracts under the General Service Administration's (GSA) Networx Universal MegaContract, believed to be the largest awards to a single company to date. The new awards are a pair of contracts from DITCO, the contracting arm of the Defense Information Systems Agency (DISA), worth "up to" $752 million and $358 million, and covering various data and voice services.