CSC Wins $261 Million U

CSC Wins $261 Million U.S. Army Logistics Modernization Contracts.

News Release -- February 01, 2010. FALLS CHURCH, Va., Feb. 1 -- CSC (NYSE: CSC) announced today that the U.S. Army Materiel Command (AMC) issued the company two contract modifications to continue providing information technology and logistics services under the Army’s Logistics Modernization Program (LMP) contract. Both modifications have two-year periods of performance and an estimated combined total value of $261 million. These contracts were won during CSC's third quarter ending January 1, 2010. Overall, CSC will continue to provide comprehensive services required to reengineer and modernize the Army’s logistics processes through the adoption of best commercial business practices and associated technologies.

Under the terms of the first modification, CSC will support the sustainment of the modernized system, and on the other, CSC will provide services for future deployment and implementation activities. “These task orders solidify our position as the leader in the Army’s national level logistics modernization program,” said Austin Yerks, president of CSC’s North American Public Sector Defense Group. “We are honored to play a crucial role in assisting the Army as it transforms its 30-year-old logistics business processes and practices through innovative modernization alternatives and implementation strategies.” The LMP is one of the world’s largest, fully integrated supply chain, maintenance, repair and overhaul, planning and execution solutions and stands at the center of the Army’s business transformation initiatives. AMC has more than $40 billion in diverse services and goods, a portfolio of six million items and global operations spanning more than 1,000 dynamic locations in 38 countries. The LMP delivers real-time situational awareness and decision-making capabilities—allowing the Army to provide service to warfighters more quickly and cost effectively. CSC first won the LMP contract in 1999 to provide a fully integrated suite of software and business processes. Working in collaboration with the AMC, CSC is the prime contractor, program manager, systems integrator, applications service provider and full partner.