BDM International Inc.

From the April 28, 1997 Washington Post

	'96 (in $ 000s)	% Change From '95
Revenue	1,001,559	12.5
Net Income	27,257	48.2
Rank Last Year: 24

Description:
BDM was primarily a defense contractor until recent years, when it diversified into an information technology and computer systems consulting firm for civilian agencies and private industry.

Business Resume: Contact Info -- 1501 BDM Way McLean, Va. 22102 703-848-5000 Main Business -- Information technology Founded -- 1960 Chairperson -- Frank C. Carlucci President -- Philip A. Odeen (CEO) Employees -- 8,700 D.C.-Area Employees -- 1,700

Developments:
The company continued to be a top winner of contracts in information technology, or IT, among the technology companies that dot the surrounding Washington area landscape, particularly in Northern Virginia. IT companies develop computer systems for clients. BDM received contracts worth $1.5 billion last year, a record amount that helped push its annual revenue to $1 billion for the first time. Contract awards included a share, with five other companies, of a $3 billion, five-year Department of Defense contract and multimillion-dollar, multiyear contracts from the National Institutes of Health and the Department of Justice.

BDM acquired four companies with combined revenue of about $55 million that specialize in information technology in the commercial sector.

The company's annual earnings declined because of a one-time write-off of research and development costs at one of the companies. Its revenue mix continued to be healthy: 36 percent came from U.S. defense work and the rest came from civilian agencies, commercial companies and foreign governments.

The company also announced it will move its headquarters from McLean to a new building in Reston over the next two years.