20.06.2006 12:00:00
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Lockheed Martin Signs Five-Year Deal with Travelocity Business for Global Travel Management Services
The largest provider of IT services, systems integration andtraining to the U.S. government, Lockheed Martin is also wellrespected for setting forth new standards in business travelmanagement, and in helping to shape the use of technology tostreamline travel processes.
As part of the agreement, Travelocity Business will provide itsfull range of online and offline services to Lockheed Martin,including twenty-four hour agency support, online booking, automatedfulfillment capabilities, and support services for VIP, international,and meetings-related travel. Lockheed Martin will also work with theTravelocity Business Consulting unit to explore opportunities tooptimize its supplier programs.
"We are looking forward to working with Travelocity Business toprovide Lockheed Martin travelers with the most efficient andeffective travel experience possible," said Richard Wooten, directorof Corporate Travel Services for Lockheed Martin.
"Lockheed Martin has always been innovative in its approach tocorporate travel management, and that makes them a perfect fit forTravelocity Business," said Ellen Keszler, president of CorporateSolutions for Sabre Holdings Corporation. "We are thrilled to have theopportunity to work with Lockheed Martin to develop even more new waysto manage corporate travel that break the traditional mold."
Headquartered in Bethesda, Md., Lockheed Martin employs about135,000 people worldwide and is principally engaged in the research,design, development, manufacturing, integration and sustainment ofadvanced technology systems, products and services. The corporationreported 2005 sales of $37.2 billion.
About Travelocity Business
Travelocity Business is a full-service corporate travel managementcompany that helps companies easily manage travel and reduce costs,while providing more choices to travelers. Travelocity Businessleverages its own innovative technology to streamline travelprocesses, and complements this with experienced corporate travelagents, strategic account managers and in-depth consulting services.
Travelocity Business combines the expertise, service and travelchoices of Travelocity(R) with corporate experience gained fromserving more than half of the Fortune 200 companies. For moreinformation, companies can visit www.travelocitybusiness.com.
Sabre Holdings Corporation (NYSE:TSG) is a world leader in travelcommerce, retailing travel products and providing distribution andtechnology solutions for the travel industry. More information aboutSabre Holdings is available at http://www.sabre-holdings.com.
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