CSC AND BAE SYSTEMS EXPAND INFORMATION TECHNOLOGY OUTSOURCING AGREEMENT.Computer Sciences Corporation (NYSE NYSE See: New York Stock Exchange : CSC (Card Security Code) A three- or four-digit number printed on the back of credit cards for security purposes. Called "Card Verification Value" (CVV) by Visa, "Card Validation Code" (CVC) by MasterCard and "Card Identification (CID) by American Express and Discover, ) and BAE SYSTEMS BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. has announced that they have signed a new $102 million, 61-month, expansion to their existing information technology (IT) outsourcing agreement. The new contract, which will run concurrently with the current global agreement, covers IT outsourcing services for the BAE SYSTEMS Information & Electronic Warfare Noun 1. electronic warfare - military action involving the use of electromagnetic energy to determine or exploit or reduce or prevent hostile use of the electromagnetic spectrum EW military action, action - a military engagement; "he saw action in Korea" Systems (IEWS IEWS Intelligence, Electronic Warfare, and Sensors IEWS Integrated Electronic Warfare System IEWS Integrated Electronic Warfare Suite IEWS Intelligence and Electronic Warfare Surveillance IEWS Intelligence & Electronic Warfare System ) business unit in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Headquartered in Nashua, N.H., IEWS is a producer of defense electronic protection systems and tactical surveillance and intelligence systems. CSC will manage a full range of IT operations for the unit -- from midrange and desktop computers, to wide and local area networking, Internet services, help-desk support and procurement. An additional 128 BAE SYSTEMS IEWS employees transferred to CSC as part of the agreement. This new contract is an extension of the $2.2 billion, six-year IT outsourcing agreement BAE SYSTEMS and CSC signed in November 2000, and is the most recent expansion of the relationship. With the addition of the new IEWS unit, the contract between BAE SYSTEMS and CSC is valued at more than $2.3 billion and will run through November 2006. BAE SYSTEMS is one of CSC's largest outsourcing engagements. Now that an additional 128 employees have transferred, CSC has approximately 2,230 employees serving the BAE SYSTEMS account globally. "Through these contract expansions, CSC continues to strengthen its strong relationship with this leading company in the dynamic aerospace and defense industry," said Lem Lasher, CSC's managing director of the global BAE SYSTEMS account. "We are working together to create an unmatched, global IT infrastructure and environment." |
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