Two IT services companies,
Computer Sciences Corp.
Affiliated Computer Services
, kicked off the week with announcements of new multimillion-dollar outsourcing contracts.
Dallas-based ACS won a $100.5 million, five-year IT outsourcing contract with pharmaceutical giant
. ACS will provide remote server management and monitoring services for more than 5,000 servers at GlaxoSmithKline's data centers in the U.S. and U.K. and take over facility management and data center operations at four sites in both countries.
The deal builds on previous work ACS has done for the No. 2 pharmaceutical company, dating back to June 2003.
Separately, El Segundo, Calif.-based Computer Sciences won a contract with the U.S. Environmental Protection Agency to provide scientific, engineering, communications outreach, information technology and policy support services to the agency's newly established Water Security Division. With one base year and four one-year options, the contract is worth $86 million if all options are exercised.
The EPA's Water Security Division was established to address water security and infrastructure protection issues in the wake of the Sept. 11, 2001 terrorist attacks. CSC will assist the division with planning and training, development and distribution of outreach materials, contaminant research, analytical method development, laboratory network management, engineering support and security and emergency response improvements at water and wastewater facilities. CSC also will help improve procedures and performance measures for assessing and mitigating the vulnerability of the nation's water infrastructure.
Shares of CSC recently increased 16 cents, or 0.4%, to $43.96; shares of ACS rose 20 cents, or 0.4%, to $51.