CSC SIGNS $63 MILLION IT OUTSOURCING CONTRACT WITH SAS BRAATHENS

EL SEGUNDO, Calif., Nov. 12 - Computer Sciences Corporation (NYSE: CSC) today announced that it has signed an information technology (IT) outsourcing agreement with leading Norwegian airline SAS Braathens. The eight-year contract, which has a four-year base period, a two-year option and two one-year options, is valued at approximately $63 million (NOK 400 million) if all options are exercised.

SAS Braathans is a subsidiary of SAS Group. The new agreement follows the award of a $1.5 billion IT outsourcing agreement to CSC from SAS Group in December 2003.

Under the terms of the new agreement, CSC will provide SAS Braathens with a variety of services, including consulting, systems integration, application development and maintenance, and infrastructure support. Approximately 40 SAS Braathens employees are expected to transfer to CSC in Norway on Dec. 1.

"We are convinced that CSC is a good choice for our company, our employees, our customers and our...

CSC Sverige

Media