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Tag Archives: CSC

DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program …

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Larry Prior to Lead CSC’s Future US Public Sector Business Spinoff

Larry Prior, executive vice president and general manager of Computer Sciences Corp.‘s (NYSE: CSC) North American public sector business, has been selected to hold president and CEO titles for the company’s planned U.S. public sector spinoff. Prior’s appointment will require approval by the future Computer Sciences Government Services board of directors, CSC said …

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Phacil Adds Mehdi Cherqaoui, Bill Grabner, Mark Milleker, Andrew Cheney to Leadership Roles

Mehdi Cherqaoui, formerly vice president and corporate controller at PAE, has joined Phacil as senior vice president and chief financial officer. Phacil said Monday that Cherqaoui previously held financial management positions at URS Corp. (NYSE: URS), Apptis, KPMG and PwC. The Arlington, Virginia-based contractor also named William Grabner SVP of …

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June 11 Market Close: GovCon Index Advances, US Stocks Nudge Up After Greece News

The GovCon Index closed in positive territory for the second consecutive day Thursday with a gain of 0.485 points to 76.738. CNBC said U.S. stocks held onto gains made in the morning session despite investor worries over a Reuters report that quoted an International Monetary Fund spokesperson that said Greece and the …

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Reuters: CSC in ‘Exploratory’ Talks for Potential Public Sector Division Sale

Computer Sciences Corp. (NYSE: CSC) has received interest from three companies in a potential purchase of CSC’s public sector unit and held exploratory discussions with those firms, Reuters reported Thursday. Reuters lists Booz Allen Hamilton (NYSE: BAH), CACI International (NYSE: CACI) and Leidos (NYSE: LDOS) as the companies interested in a deal for …

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DHS Extends Contract for Data Center Providers CSC, HP

TYSONS CORNER, VA June 3, 2015 — ExecutiveBiz reported Tuesday on Computer Science Corp. (NYSE: CSC) and HP (NYSE: HPQ) being awarded contract extensions to provide data center support to the Department of Homeland Security. The two task orders fall under the agency’s Enterprise Acquisition Gateway for Leading Edge Solutions …

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May 27 Market Close: GovCon Index, US Stocks Rebound as Investors Eye Dollar & Greece News

The GovCon Index ended a three-day streak of declines Wednesday as it closed up 0.648 points to end the trading session at 74.834. Bond yields and the U.S. dollar rose on comments from Greece Prime Minister Alexis Tsipras said negotiations with the Eurozone on the country’s debt situation are in the “final stretch, …

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May 20 Market Close: GovCon Index, US Stocks Rise After Fed Minutes Release

The GovCon Index closed in positive territory Wednesday with a gain of 0.108 points to 75.543 on a day that saw investors react to the release of the Federal Reserve‘s April meeting minutes. Fed leaders expressed doubt over the possibility of an interest rate hike by June and U.S. stocks traded after those minutes went public but …

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CSC Board Approves Plan for Separate Commercial-, US Public Sector-Focused Companies

The board of directors at Computer Sciences Corp. (NYSE: CSC) has approved a plan to divide the Falls Church, Va.-based technology and services contractor into two separate publicly-traded companies: one solely focused on the U.S. public sector, with another for commercial enterprises and non-U.S. government agencies. CSC said Tuesday it expects to complete the …

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The …

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