CSC Loses Big Contract.Computer Sciences Corp.'s hot streak turned cold as a $6.9-billion contract to build a computer intranet for the U.S. Navy and Marine Corps went to rival Electronic Data Systems. Many observers had considered El Segundobased 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, as the front-runner for the five-year contract, the largest technology outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. contract ever awarded by the military. CSC is consistently among the top contenders for such military contracts. In the first half of fiscal 2001, Computer Sciences won contracts worth $8 billion, including a $3-billion deal to provide technology support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. equipment maker Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony and a $1-billion deal to manage the software that runs AT&T's billing, customer care and other customer-service systems. CSC is still in a strong position to win upcoming technology outsourcing contracts from the Army and Air Force because those contracts are not likely to be awarded to the same company that is building the intranet for the Navy and Marines, said one New York-based analyst. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion