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CSC Signs Defense Pact

Stock quotes in this article: CSC , CAI  

Shares of technology-services firm Computer Sciences (CSC Quote) were rising following the company's announcement of a defense contract that could be worth up to $613 million.

The contract gives Computer Sciences responsibility for leading a team of companies in managing computer networks for the Defense Information Systems Agency. The two-year agreement includes three one-year renewal options and would be worth $613 million if all years are exercised.

The news boosted shares of Computer Sciences 1% to $50.07. ...

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