CSC Signs IT Outsourcing Contract Extension with MBDA
News Release -- July 12, 2010
FALLS CHURCH, Va., July 12 -- CSC (NYSE: CSC) today announced that MBDA, a world-leading missile systems company, has extended its information technology (IT) outsourcing contract with CSC. The new contract extends the companies’ long standing relationship, which began in the U.K. in 1994, until December 2014 if all options are exercised. This contract was awarded to CSC during the company’s fiscal 2011 first quarter that ended July 2, 2010.
Under the new agreement, CSC will continue to provide MBDA with a comprehensive range of IT services, including infrastructure and applications management.
“We are delighted to sign a new contract extension with CSC,” said Jean-Claude Carepel, group IM director at MBDA. “This extension builds upon successful service delivery and acknowledges the excellent working relationship that has been established between our two organizations over the years. It will also allow both companies to expand this relationship outside the UK and build on recent successes in France with the implementation of SAP HR.”
“CSC is pleased to extend this important relationship with MBDA,” said Eileen Sweeney, president of CSC’s Manufacturing Group. “Building on our 16 years of experience and service to MBDA, we look forward to continuing our successful relationship and delivering significant operational results that support MBDA’s business goals.”
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC's advanced capabilities include system design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. The company has been recognized as a leader in the industry, including being named by FORTUNE Magazine as one of the World’s Most Admired Companies for Information Technology Services (2010). Headquartered in Falls Church, Va., CSC has approximately 94,000 employees and reported revenue of $16.1 billion for the 12 months ended April 2, 2010. For more information, visit the company’s website at www.csc.com.