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chartstockalert Computer Sciences Corporation (NYSE:CSC)

CSC previously announced that it has signed a five-and-a-half year information technology (NYSE:IT) operations outsourcing contract renewal and expansion with Educational Testing Service (ETS), the leader in advancing quality and equity in education for people worldwide. The agreement was signed in the second quarter of CSC fiscal year 2012, and has an estimated value of more than $200 million assuming all options are exercised.

As part of the agreement, CSC will continue to bring new and innovative approaches to the way ETS leverages IT. CSC will provide its industry-leading cloud services to ETS including CloudCompute, the new infrastructure as a service (IaaS) architecture deployed in the CSC Trusted Cloud Datacenters.

“We are excited at the opportunity to continue our work with ETS, an organization that has a strong grasp of the way IT can be used to more effectively and efficiently position their business for the future,” stated Joe Schechter, president, Managed Services Sector Americas, CSC. “We are committed to building on the great partnership we have formed with ETS and to further supporting their IT needs.”

CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 93,000 employees and reported revenue of $16.2 billion for the 12 months ended July 1, 2011.

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