Good times for Computer Science Corporation







24 November 2010 | posted by: Margery Zimmerman | One Comment

Computer Science Corporation has been going places and this time round is no different; the company has clinched a new deal that will see it provide information technology services in two new sites in the states of San Antonio, Texas and Augusta. The company is to provide intelligence community agency.

CSC Good Tide

The company is supposed to provide secure and non- secure networks, data centers, desktops and other services in a deal that has a year base and a four year rolling agreement that is worth a whooping $280 million. The thing that works for the company in beating its competitors is the fact that it has been a government contractor and to add to that subcontracting is going a long way in having the company expand its scope and getting more clients.

The company has been busy in recent days; it has another deal with the Navy, where it is to provide software maintenance and engineering services at the body to the cost of $42 million. This will be based at the Naval Surface Warfare Center. This is a year long contract with the option of extending it for another year.

While the company business to the mainstream has been flourishing the outsourcing sector has been disappointing. The downward spiral seems unstoppable.

The company also has an issue with the reduced bookings and government delay in the order of placement.
The pressure from the government, accounts for about 40% of the total revenue, is understandable in that the government has had to tighten its budget in its pursuit of the financial deficit. This combined with the fact that the current administration has been stringent in the defense department has had a devastating effect on the business sector.

The company in the future has plans to expand its acquisition base as Computer Science is on the rise, and the economic recovery will be such a booster. The company also looks to have the middle class within its grasp.
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