American Management Systems (previous
NASDAQ symbol: AMSY) was founded in 1970 as a technology and management
consulting firm. It was founded by a group of five former
United States Department of Defense officials who worked under
Robert McNamara in the
Kennedy and
Johnson administrations. The company grew to a size greater than nine thousand workers, with many offices in both the United States and other countries. At one point in the 1990s, one quarter of the company's revenue, albeit none of the profit, came from Europe. Much of its business was creating large computer systems for various government entities. It created a large accounting system for New York City during its recovery from its
fiscal crisis in the late 1970s.
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