Manager, Media Relations
Director, Investor Relations
CSC SIGNS IT OUTSOURCING CONTRACT EXTENSION WITH GENERAL DYNAMICS ARMAMENT AND TECHNICAL PRODUCTS
News Release -- June 26, 2007EL SEGUNDO, Calif., June 26 – Computer Sciences Corporation (NYSE: CSC) today announced that it has signed an information technology (IT) outsourcing contract extension with General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD). The five-year agreement is valued at $118 million.
Under the terms of the contract, CSC will continue providing a full range of IT services, including help desk, desktop and network support; mainframe and midrange services; and applications development and maintenance.
“CSC is pleased to continue our relationship with General Dynamics Armament and Technical Products,” said CSC President and Chief Executive Officer Michael W. Laphen. “We have delivered results to General Dynamics since 1991, and we look forward to continuing to help the company achieve its business goals.”
Work will be performed by CSC’s Technology Management Group at locations in Arkansas, Maine, Mississippi, Nebraska, New York, North Carolina, Vermont and Virginia.
About General Dynamics
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,600 people worldwide and had 2006 revenues of $24.1 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available online at www.generaldynamics.com.
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 79,000 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 $14.9 billion for the 12 months ended March 30, 2007. For more information, visit the company’s Web site at www.csc.com.