DIMA AND AEC AWARD CSC $112 MILLION IN CONTRACT EXTENSIONS
Announcement posted by Computer Sciences Corporation (CSC) 03 Jul 2006
Computer Sciences Corporation (NYSE: CSC) today announced that the Federal Department of Immigration and Multicultural Affairs (DIMA) and the Australian Electoral Commission (AEC) have extended their contracts with CSC. The new agreements have an estimated total value to CSC of $112 million if all options are exercised.
Under the DIMA extension, which is for two years with an option for an additional two years, CSC will continue to provide mainframe and mid-range services in support of the Departments core Border Critical Infrastructure (BCI), as well as related project work. The BCI uses information and management systems designed to protect Australias borders and national security.
Under the AEC extension, which is for one year with an option for another year, CSC will continue providing mainframe services.
We are delighted to extend our long-term relationships with these agencies, said Mike Shove, Managing Director of CSCs Australian operations. Together they further demonstrate CSCs ability to deliver significant results.
The extension reflects well on CSCs performance and the Department looks forward to continuing to work in close partnership with CSC, said Bob Correll, DIMA Deputy Secretary and Chief Information Officer.
CSCs original contracts with DIMA and the AEC were part of the Federal Government's Cluster 3 outsourcing contract, which was signed in 1998. In 2002, under the terms of that contract, DIMA exercised its option to extend for four years. The latest extension specifically for Border Critical Infrastructure Services falls within the original Cluster 3 tender.
About CSC
Founded in 1959, Computer Sciences Corporation is a leading global information technology (IT) services company. CSCs 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 CSCs 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 $14.6 billion for the 12 months ended March 31, 2006. For more information, visit the companys Web site at www.csc.com.
Under the DIMA extension, which is for two years with an option for an additional two years, CSC will continue to provide mainframe and mid-range services in support of the Departments core Border Critical Infrastructure (BCI), as well as related project work. The BCI uses information and management systems designed to protect Australias borders and national security.
Under the AEC extension, which is for one year with an option for another year, CSC will continue providing mainframe services.
We are delighted to extend our long-term relationships with these agencies, said Mike Shove, Managing Director of CSCs Australian operations. Together they further demonstrate CSCs ability to deliver significant results.
The extension reflects well on CSCs performance and the Department looks forward to continuing to work in close partnership with CSC, said Bob Correll, DIMA Deputy Secretary and Chief Information Officer.
CSCs original contracts with DIMA and the AEC were part of the Federal Government's Cluster 3 outsourcing contract, which was signed in 1998. In 2002, under the terms of that contract, DIMA exercised its option to extend for four years. The latest extension specifically for Border Critical Infrastructure Services falls within the original Cluster 3 tender.
About CSC
Founded in 1959, Computer Sciences Corporation is a leading global information technology (IT) services company. CSCs 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 CSCs 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 $14.6 billion for the 12 months ended March 31, 2006. For more information, visit the companys Web site at www.csc.com.