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Contract awarded.


Computer Sciences Corp. won a contract worth up to $1.5 billion over 10 years to provide the U.S. Army with engineering, logistics and other services. The El Segundo-based computer services company is one of seven companies to receive the "Strategic Services Sourcing" contracts, which are valued at about $19.2 billion. Under the contract, Computer Sciences will provide its services to the Army Communications-Electronics Life Cycle Management Command in Fort Monmouth, N.J. Computer Sciences estimated the value of its portion of the award, which has a five-year base period
Base Period
A particular time period whose data is used for comparative purposes when measuring economic data of other periods.

Notes:
Think of this as a yardstick for economic data. For example, if a price index has a base year of 1990, current prices are being compared to prices in that time period.
See also: CPI, Economy, GDP, Index
 and one five-year option, to be about $1.5 billion if the option is exercised.
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Title Annotation:THE LABJ: Online Journal; Computer Sciences Corp.
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:Mar 27, 2006
Words:107
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