EL SEGUNDO, Calif., April 2 /PRNewswire-FirstCall/ -- Computer Sciences Corporation announced today that since Jan. 1, its Federal Sector business unit has signed 62 previously unannounced contracts and subcontracts during its fiscal 2007 fourth quarter, which ended March 30. These contracts have a total estimated value of $1.28 billion if all contract options are exercised.
The performance periods for the contracts range from three months to eight years. Civil agencies accounted for 28 awards with a total value of approximately $811 million. Department of Defense agencies accounted for 34 awards with a total value of approximately $474 million.
"CSC's Federal Sector business unit ends fiscal year 2007 with very strong and robust performance," said CSC Chairman and Chief Executive Officer Van B. Honeycutt. "CSC's legacy of experience and success in this marketplace is built upon the company's ability to deliver effective and innovative results for our federal customers."
Services performed by CSC under these previously unannounced contracts include a wide range of information technology (IT) services, including analysis, systems integration and modernization, consulting, engineering, outsourcing, training, maintenance and logistics support for a diverse base of clients in the intelligence communities; the Departments of the Navy, Army and Air Force; the Missile Defense Agency; Health and Human Services; the Environmental Protection Agency and the Department of State.
All expressed contract award terms and values represent the amounts that CSC expects to receive from the agreements if all options are exercised.
About CSC
Computer Sciences Corporation is a leading global IT services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 77,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.7 billion for the 12 months ended Dec. 29, 2006. For more information, visit the company's Web site at http://www.csc.com/.
Computer Sciences Corporation
CONTACT: Caroline Longanecker, Communications, Federal Sector, +1-703-641-3260, clonganecker@csc.com, or Mike Dickerson, Director, Media Relations, Corporate, +1-310-615-1647, mdickers@csc.com, or Bill Lackey, Director, Investor Relations, Corporate, +1-310-615-1700, blackey3@csc.com, all of Computer Sciences Corporation
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