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Stock Market & Financial Investment News

News Breaks
January 21, 2013
11:29 EDTCSCCSC wins SPAWAR Systems Center Atlantic PII pillar contract
The U.S. Navy awarded CSC and six other companies an indefinite delivery/indefinite quantity, IDIQ, contract to provide acquisition and support services to the Space and Naval Warfare Systems Center, SSC, Atlantic. Awarded in the third quarter of CSC’s fiscal year 2013, the contract has a one-year base period and four one-year options, for an estimated total value of $900 million for all companies if all options are exercised. Under the terms of the contract, CSC will compete for task orders to provide acquisition, installation and follow-on support for command, control, communications, combat and computer (C5) systems to be provided to Department of Defense, DoD, agencies worldwide, both ashore and afloat.
News For CSC From The Last 14 Days
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July 23, 2015
16:57 EDTCSCCSC, HCL Technologies form joint venture
Global IT leaders CSC and HCL Technologies announced the signing of a definitive joint venture agreement to form a banking software and services company. The joint venture will invest in platform modernization and product functionality enhancement and will capitalize on the proven capabilities of both companies in addressing the multi-billion-dollar, global core banking software market. CSC, which currently serves over 100 premier banking and financial services clients in 15 countries, will provide its core banking, cards, payments and default management industry talent, software and product development expertise. HCL will provide capital investment, extensive experience in product engineering and application implementation services, as well as banking sales and client engagement expertise.

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