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CSC Wins $22 Million Contract Modification in Support of NASA's Shared Services Center

02-06-2008 08:14 PM CET | IT, New Media & Software

Press release from: Computer Sciences Corporation

/ PR Agency: Mutual PR
New Delhi, Feb. 6, 2008 : Computer Sciences Corporation (NYSE: CSC) announced today that it has received a $22 million modification to the National Aeronautics and Space Administration (NASA) Shared Services Center contract to provide additional support services to NASA employees at Stennis Space Center, Miss. The contract modification applies to the $230 million contract NASA awarded CSC in May 2005. The new modification plus several previously unannounced contract modifications brings the total estimated value of the contract, which has a five-year base period and five one-year options, to approximately $265 million if all options are exercised.

Under the terms of the modification, CSC will expand its existing financial support services to accommodate increased workload projections for accounts payable and accounts receivable, and will support NASA's Fund Balance with Treasury. In 2005, NASA consolidated select business
and technical services performed across the agency into a single Shared Services Center to increase operational efficiency and improve overall customer service.

"CSC is pleased to expand our work with NASA on its Shared Services Center project to provide innovative administrative solutions that deliver benefits to nearly 20,000 NASA employees, applicants,
contractors and partners," said Tom Anderson, president of CSC's North American Public Sector Civil Division.

Teaming with CSC is AI Signal Research Inc., of Huntsville, Ala.; Arcata Associates, of Las Vegas, Nev.; ASRC Management Services, of Greenbelt, Md.; Infinity Technology Inc., of Huntsville, Ala.; Lockheed Martin Services, of Cherry Hill, N.J.; LUSA Associates Inc., of Jacksonville,
Fla.; MEI Technologies, of Houston, Texas; SaiTech, of Fairfax, Va.; Stinger Ghaffarian Technologies Inc., of Greenbelt, Md.; Tessada Associates Inc., of Springfield, Va.; and TriStar, of Bedford, Ind.

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.

Priyanka Jain
Mutual PR
9350427472
Priyanka@mutualpr.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 91,000 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. CSC reported revenue of $16.1 billion for the 12 months ended Dec. 28, 2007. For more information, visit the company's Web site at http://www.csc.com.

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