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September 05, 2007

New Business

Belk, Inc., the largest privately owned department store company in the United States, has renewed its existing outsourcing contract with IBM as part of a seven-year, $98 million agreement. The extension strengthens a 60-year relationship between the two companies and will help enhance service delivery in support of Belk's business growth model.

Computer Sciences Corporation has won an information technology (IT) services contract to provide systems engineering and management and administration support to the U.S. Navy Space and Naval Warfare System Center (SPAWAR) Charleston in Pensacola, Fla. CSC estimates the value of the contract, which has a one-year base period and four one-year options, to be $43 million if all options are exercised.

Affiliated Computer Services, Inc. has been awarded a contract renewal by the City of Boston to provide full-service parking ticket collections, booting and towing, and fleet management services. ACS has served the city since 1981. The contract has a length of up to three years and a total value of $19 million, including two one-year renewal options, and was reflected in ACS' fourth quarter fiscal year 2007 results.

Posted by jbowles at September 5, 2007 06:39 PM