CSC awarded six-year information technology contract from Boeing - Computer Sciences Corp

EDP Weekly's IT Monitor, August 25, 2003

Computer Sciences Corporation (NYSE:CSC), one of the world's leading information technology (IT) services firms, announced today that the company has been awarded a six-year contract to provide mainframe computing operations services to The Boeing Company (NYSE:BA) from a data center in St. Louis, Missouri. The contract has a potential value of more than $90 million.

Beginning in 2004, CSC will provide services to Boeing facilities in Seal Beach, Long Beach and Huntington Beach, California; St. Louis, Missouri; Philadelphia, Pennsylvania; and Mesa, Arizona in support of the Boeing Integrated Defense Systems (IDS) business unit, one of the world's largest defense and space businesses.

"Mainframe applications continue to be used for many of our most critical applications," said Don Imholz, vice president of Information Technology for Boeing Integrated Defense Systems. "We selected CSC because it could provide quality services at a competitive cost to meet our customer needs."

"This award underscores our position as the most experienced, results--driven IT services provider of choice in the aerospace and defense market," said CSC Chairman and Chief Executive Officer Van B. Honeycutt. "This agreement significantly advances the existing relationship between Boeing and CSC, which includes teaming on program delivery in the federal marketplace as well as our support for Boeing's internal IT services."

The Boeing Company, with headquarters in Chicago, Illinois and operations in 26 states, is the world's leading aerospace company, with its heritage mirroring the history of flight. It is the largest manufacturer of satellites, commercial jetliners and military aircraft. The company is also a global market leader in missile defense, human space flight and launch services. In terms of sales, Boeing is the largest U.S. exporter. Total company revenues for 2002 were $54.1 billion.

Headquartered in St. Louis, Boeing Integrated Defense Systems is a $25 billion business. It provides systems solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in launch services.