CSC Signs IT Services Contract With Raytheon
News Release -- November 06, 2009
FALLS CHURCH, Va., Nov. 6 -- CSC (NYSE: CSC) today announced it has signed a contract for a range of IT services for Raytheon Company (NYSE:RTN). The contract has a five-year base period with two one-year options, and runs through February 2015. Additional terms of the contract were not disclosed.
The new contract will replace an expiring 10-year contract between the companies. CSC will continue to provide a range of IT services including desktop, network and data center support. The contract extends coverage across Raytheon's U.S. operations.
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 systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of $16.2 billion for the 12 months ended July 3, 2009. For more information, visit the company's Web site at www.dxc.technology.