CSC ACQUIRES LOG.SEC CORPORATION
Acquisition Extends Logistics and Infrastructure OfferingsIndia, Dec. 22, 2008 – CSC (NYSE: CSC) announced that it has acquired Log.Sec Corporation, a privately owned information technology (IT) and logistics engineering firm based in Manassas, Va. CSC expects the transaction to be accretive to earnings in the first year. Terms of the acquisition were not disclosed.
Log.Sec is the largest IT services provider at Aberdeen Proving Ground (APG), Md., with approximately 385 employees concentrated at APG and Fort Monmouth, N.J. The company provides specialized logistics services, including lifecycle, acquisition and sustainment services, as well as a full complement of test support services to clients in the government sector. The acquisition strengthens CSC’s ability to offer comprehensive solutions in logistics and IT infrastructure, market segments of strategic importance to CSC’s public sector operations.
Log.Sec’s strong presence at APG, a key benefactor of the Defense Base Closure and Realignment Commission (BRAC), will be significant in bringing CSC’s comprehensive set of solution offerings to its clients.
“The Log.Sec acquisition reinforces our growth strategy of acquiring select companies that complement our three-pronged strategy of growing our core business, investing in high-growth market segments and pursuing select state business,” said James W. Sheaffer, president of CSC’s North American Public Sector line of business. “With BRAC activities expected to increase the amount, nature and scope of work for the Aberdeen Test Center, CSC is ideally positioned for new contracting opportunities.”
Log.Sec will be a part of CSC’s Defense Division, which provides enterprise/logistics transformation; information technology; engineering; management, technical and functional expertise; training, modeling and simulation; command and control; and high-performance computing across the Department of Defense.
About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Global Outsourcing Services 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 91,000 employees and reported revenue of $17.3 billion for the 12 months ended Oct. 3, 2008. For more information, visit www.csc.com
Press Contact
Mutual PR
18, JJJK Trust Bhawan, Rouse Avenue
New Delhi-110 002, INDIA
Urvashi Parmar 9312031554 urvashi@mutualpr.com
Nidhi S Kaul 9312784184 nidhi@mutualpr.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release CSC ACQUIRES LOG.SEC CORPORATION here
News-ID: 63300 • Views: …
More Releases from CSC
CSC RECEIVES $50 MILLION AIR FORCE CONTRACT TO PROVIDE INFORMATION TECHNOLOGY SU …
CSC (NYSE: CSC) announced that the U.S. Air Force’s Air Mobility Command (AMC) has awarded the company a contract to provide applications infrastructure and systems support services. The contract has a one-year base period and three one-year options, bringing the estimated total four-year value to $50 million. This contract was awarded toCSC during the company's fourth quarter fiscal 2009 and the value was included in the May 20, 2009, earnings…
CSC Signs Seven-year IT Outsourcing Agreement With Nobel Biocare
CSC (NYSE: CSC) announced that it has signed a seven-year information technology (IT) services outsourcing contract with dental implant manufacturer Nobel Biocare headquartered in Switzerland. Financial terms of the agreement were not disclosed.
CSC will assume responsibility for desktop and help desk services, as well as data center operations supporting 38 Nobel Biocare locations in 33 countries representing five continents. Outsourcing these functions will enable the company to achieve cost…
CSC Signs Two Contracts With Diageo Totaling $35 Million
CSC (NYSE: CSC) announced that it has been selected to design, develop and implement a new worldwide supply chain management solution for Diageo, the world's leading premium alcoholic drinks company that includes brands such as Johnnie Walker, Guinness and Smirnoff. The 4.5-year agreement has an estimated value of $7 million.
Under the terms of the contract, CSC will develop an SAP-based system to enhance visibility of Diageo's product stocks worldwide, improve…
CSC Signs $99.5 Million Contract Extension With AMP
CSC (NYSE: CSC) announced that leading Australian wealth management company AMP Limited (ASX: AMP) has extended its relationship with CSC. The new six-year, $99.5 million (AUD$150 million) contract was awarded during CSC's fiscal 2009 fourth quarter. It extends the two companies' original engagement, which started in 1993, making it one of the longest running strategic information technology (IT) outsourcing relationships in Australia.
Under the new agreement, CSC will continue to…
More Releases for Log
Global Log Homes Market 2018 by Top Manufacturers Honka Log Homes, PALMAKO, Pion …
A Log home, or called log house, is a structure worked with flat logs interlocked at the corners by indenting. Logs might be round, squared or cut to different shapes, either high quality or processed.
Leaders Of The Industry :- Honka Log Homes, PALMAKO, Pioneer Log Homes of BC, Artisan Log Homes, Katahdin Cedar Log Homes, True North Log Homes, Rovaniemi , Alta Log Homes, Die Naturstammbauer, Woodworkers Shoppe,…
Global Log Homes Market Analysis 2018 Forecasts To 2023 : Honka Log Homes, Palma …
Global Log Homes Market
Description:-
Wiseguyreports.Com Adds “Global Log Homes Market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2023” To Its Research Database
Log home, or called log house, is a structure built with horizontal logs interlocked at the corners by notching. Logs may be round, squared or hewn to other shapes, either handcrafted or milled.
This report describes the development of the industry by upstream…
Log Homes Market 2018: Global Industry Honka Log Homes, Palmako, Pioneer Log Ho …
The report provides a comprehensive analysis of the Log Homes industry market by types, applications, players and regions. This report also displays the 2013-2023 production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Log Homes industry in USA, EU, China, India, Japan and other regions
Looking for More Information on This Market Get Free Sample Report @ http://www.researchformarkets.com/sample/2018-global-log-homes-industry-research-report-75200
Market Analysis by Players: This report…
Global Milled Log Homes Sales Market 2017 - PALMAKO, Honka Log Homes, Artisan Lo …
The report studies Milled Log Homes Sales in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
Global Milled Log Homes Sales Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the…
Global Hand-Crafted Log Homes Sales Market 2017 - Artisan Log Homes, PALMAKO, Ho …
The report studies Hand-Crafted Log Homes Sales in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
The report Global Hand-Crafted Log Homes Sales Industry is an insightful reference for new entrants and established players in the Global Hand-Crafted Log Homes Sales market. The data in the report presents a review…
Milled Log Homes Global Indutries Manufactureres Rovaniemi, Honka Log Homes, PAL …
The Global Milled Log Homes Market 2017-2022 research report by QY Research describes, A detailed analysis of the market on the basis of Milled Log Homes market throughout the globe is provided. Equipment can be any device developed to carry outa certain operation to decrease the human efforts and to attainbetter quality. Global industry offers a broad array of vital technology and products for applications in various other service and…