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March 02, 2006
New Business
Affiliated Computer Services, Inc. has been awarded an information technology (IT) outsourcing contract with MeadWestvaco Corporation (NYSE: MWV), a leading provider of packaging solutions. The 5-year contract is valued at more than $200 million.
Schroders, a global asset management company, has renewed its existing information technology (IT) outsourcing contract with Computer Sciences Corporation for an additional seven years and 10 months. The renewal is valued at approximately $235 million.
Accenture has signed a three-year, $179 million contract extension with the U.S. Department of Education for continued operation and maintenance of the Office of Federal Student Aid's Direct Loan and Pell Grant origination and disbursement processing system.
Accenture will provide Microsoft with credit and collection services in Europe, the Middle East and Africa (EMEA) under a five-year business process outsourcing contract the two companies signed recently. Financial details of the agreement were not disclosed.
Computer Sciences Corporation has expanded its information
technology (IT) outsourcing contract with United Technologies Corporation to include UTC operations in the People's Republic of China. CSC will provide infrastructure support for more than 1,000 desktop computers and help desk, security and e-mail services
for UTC locations in China.
Air Canada has extended contracts for two Unisys air cargo solutions -- Hosting & Integration Services and Cargo Portal Services (CPS) -- for three years. The contract extensions were signed in the fourth quarter of 2005.
Posted by jbowles at March 2, 2006 04:56 PM
