BAE SYSTEMS AUSTRALIA EXTENDS CONTRACT WITH XCHANGING

BAE SYSTEMS AUSTRALIA EXTENDS CONTRACT WITH XCHANGING

ID: 53649

(Thomson Reuters ONE) -



Press Release

BAE SYSTEMS AUSTRALIA EXTENDS CONTRACT WITH XCHANGING

Commercial arrangement renewed to reflect greater focus on innovation in the
Procurement Services contract

LONDON, 18 April 2011 - BAE Systems Australia has extended its Procurement
Services contract with Xchanging (LSE: XCH), a global business processor. The
contract was originally signed in 2006 and has now been extended for three
years, until the end of 2013. Xchanging will manage over 180 million AUD of
indirect spend over three years on behalf of BAE Systems Australia.

As part of the contract extension, BAE Systems and Xchanging have agreed on a
new model that enhances the levels of innovation and strategic change delivered.
From an initial core objective focused on cost savings, Xchanging will continue
to deliver a holistic business solution that transforms the indirect goods and
services supply chain for enhanced value across BAE System's procurement spend
in Australia. Additionally, there will be an increased focus on delivering
against local needs, whilst still driving efficient procurement solutions across
the company.

The spend categories managed by Xchanging as part of this contract include
travel, facilities management, learning and development and marketing, for all
of BAE Systems' operations across Australia. Xchanging will continue to deliver
these services through a team co-located with BAE Systems Australia at their
headquarters in Adelaide.

Commenting on the contract, David Gillard, Director - Commercial & Procurement,
BAE Systems Australia said, "Our vision is to be Australia's strategic industry
capability and sustainment provider across the defence and security domains. In
this regard we are working closely with our Customer to support the Strategic




Reform Program. With Xchanging managing our indirect procurement, this enables
us to focus more on our customers and our core activities, and still achieve
cost savings".

Kerry Purcell, Executive Director - Asia Pacific, Xchanging added, "Over the
years, we have developed a close working relationship with BAE Systems
Australia. We are delighted with this contract extension and look forward to
delivering enhanced value through our renewed arrangement".

- ENDS -

For further information, please contact:

Xchanging Group PR

Meeta Thareja                                        Tel: +44 (0)20 7780 5374
meeta.thareja(at)xchanging.com

Xchanging Australia

Stephen Scott                                        Tel:  +61 (0) 2 8667 9893
Stephen.Scott(at)au.xchanging.com

Greg Pineo                                        Tel: +61 (0) 3 9947 3130
greg.pineo(at)au.xchanging.com

About Xchanging

Xchanging is a global business processor, with 8,500 people serving customers in
43 countries. We provide business processing services which are applicable
across industries, such as procurement, human resources and technology, as well
as industry-specific offerings for insurers and financial services companies. e

We have a ten-year track record of innovation and reliable delivery, and
anticipating and responding to our customers' needs. Our service quality is
reflected in the industry awards and world-class certifications we receive.

www.xchanging.com









This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Xchanging via Thomson Reuters ONE

[HUG#1507115]


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Datum: 18.04.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 53649
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