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May 04, 2006
New Business
Computer Sciences Corporation has signed a next generation information technology (IT) outsourcing services agreement with BAE Systems, the premier transatlantic defense and aerospace company. The new contract replaces the existing agreement that would otherwise expire in October 2006. The five-year contract is valued at approximately $1.9 billion.
Affiliated Computer Services, Inc. has signed a four-year, $100 million contract renewal with the State of Mississippi's Division of Medicaid.
Ariba, Inc. has been selected to provide outsourcing services by V&M STAR, North America's leading producer of seamless tubular products. Under the terms of the agreement, V&M STAR will use Ariba to manage indirect spend across 14 categories and drive its annual savings goals.
Global Transaction Services, a business unit of Citigroup Corporate and Investment Banking, has been selected by Federated Investment Counseling to be the service provider for the investment manager's retail separately managed accounts (SMA) business. Initially, this mandate involves 6,000 retail accounts totaling approximately $2 billion in assets under management.
Cognizant Technology Solutions has been selected by Publishers Circulation Fulfillment, Inc. (PCF) to deploy a complete end-to-end SAP IS-Media solution across the company's internal and external operations.
Posted by jbowles at May 4, 2006 02:31 PM
