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CSC Wins Multiple Contracts - Update
11/16/2009 10:34 AM ET

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Trade CSC now with
(RTTNews) - Monday, technology-enabled solutions and services provider Computer Sciences Corp. (CSC: News ) said the U.S. Navy awarded it a task order worth an estimated five-year value of $169 million. Separately, the company announced that it won a $75 million subcontract to provide data capture center support for the U.S. Census Bureau.

Falls Church, Virginia-based CSC, under the Navy task order, will support the Littoral Combat Ship Program Office, PMS 501. The task order, which has a one-year base period and four one-year options, was awarded under the SeaPort Enhanced indefinite-delivery/indefinite-quantity contract originally awarded to CSC in April 2004.

Additionally, CSC said it was awarded a subcontract by Lockheed Martin (LMT), of Bethesda, Maryland to provide data capture center support for the U.S. Census Bureau. Under the terms of the subcontract that has a 15-month performance period, CSC will operate the Baltimore Data Capture Center to capture data for the U.S. Census Bureau.
CSC and its subcontractors expect to hire approximately 2,500 contract employees to staff functional areas of the facility including warehousing, sorter/scanner operations, document preparation, keying from image and checkout.

CSC is trading at $54.47, up $0.65 or 1.20%, on a volume of about 89 thousand shares.

To receive FREE breaking news email alerts for Computer Sciences Corp. and others in your portfolio


by RTT Staff Writer

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