Computer Sciences Gets Piece of $11B Contract

By FOXBusiness

Computer Sciences (NYSE:CSC) was one of a dozen companies that received a portion of the U.S. Coast Guard’s $11 billion contract to provide support services for the U.S. Department of Homeland Security.

The deal calls for Computer Sciences to compete for task orders to provide support for systems and assets that are being acquired by DHS agencies.

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Pat Schambach, vice president and general manager of Computer Science’s Homeland Security and Foreign Affairs Group, said the company will help DHS improve IT cost effectiveness.

Shares of Computer Sciences were up 32 cents to $47.93 Friday morning. The stock is up about 45% over the last 52 weeks.