Computer Sciences Inks $135M Navy Contract

FALLS CHURCH, Va. (AP) — Computer Sciences was awarded a contract by the U.S. Navy to support technology used on aircraft carriers, the company said Wednesday.

The task order has a one-year base period and four one-year options, bringing the estimated total five-year value to $135 million.

Under the deal, the information technology company will provide program, lifecycle, business and financial management, as well as operations support for PEO Aircraft Carriers, a section of the Navy that cares for the carriers.

Shares of Computer Sciences Corp. rose 34 cents to $50.53 in afternoon trading.