Computer Sciences Corporation
|Traded as||NYSE: CSC
S&P 500 Component
|Industry||IT services, IT consulting|
Fletcher R. Jones
|Headquarters||Falls Church, Virginia
(Falls Church mailing address), United States
|Key people||John Michael Lawrie, President and CEO|
|Services||IT, business consulting and outsourcing services|
|Revenue||US$ 15.877 billion (FY 2012)|
|Operating income||US$ -4.347 billion (FY 2012)|
|Net income||US$ -4.225 billion (FY 2012)|
|Total assets||US$ 11.189 billion (FY 2012)|
|Total equity||US$ 2.834 billion (FY 2012)|
|Employees||98,000 (March 2012)|
Computer Sciences Raytheon
Computer Sciences Corporation (CSC) is an American multinational corporation that provides information technology (IT) services and professional services. Headquartered in Falls Church, Virginia, USA, CSC offers services such as:
- IT and business process outsourcing like systems analysis, applications development, network operations, end-user computing and data center management,
- emerging services such as cloud computing and cybersecurity protection, Infrastructure as a Service (IaaS), Software as a Service (SaaS), Business Process as a Service (BPaaS), Platform as a Service (PaaS), Cyber Security Managed Services and other emerging technologies and associated service delivery model, and
- a variety of other IT and professional services, including systems integration, management consulting, technology consulting and other professional services.
The Company also licenses software systems including SaaS offerings for the financial services, healthcare and other industry-specific markets and provides a broad array of end-to-end business solutions that meet the needs of large commercial and government clients.
CSC was founded in April 1959 by Roy Nutt, Fletcher Jones and Bob Patrick. Their goal then was to provide programming tools such as assemblers and compilers. Jones, who ran the business and marketing, obtained a contract from Honeywell that made the business profitable and respected within the industry. Although its competitor Computer Usage Company had been founded earlier in 1955, by 1963 CSC became the largest software company in the United States and took the business public with an IPO listed on the American Stock Exchange. By the end of 1968, CSC was listed on the New York Stock Exchange and had operations in Canada, India, the United Kingdom, Germany, Spain, Italy, Brazil, and the Netherlands.
CSC employs about 98,000 employees (as of March 30, 2012) in 90 countries and ranks among the largest outsourcing companies in the world. It has about 2,500 Clients, among which are almost every agency of the U.S. Federal Government and nearly half of the Fortune 500 financial services companies. With its 100+ alliances, CSC services clients - governments and commercial enterprises that rely upon the use of information services and associated systems for the conduct of their operations and commonly engage with industry specialists for the development, deployment, and ongoing operation of IT services and IT-enabled business operations. CSC provides its services to clients around the world and in many commercial industries, as well as to governments of the U.S. federal, state, and local segments, in addition to other governments.
The Company delivers these services through three broad service lines or sectors:
- North American Public Sector (NPS): a leading federal contractor that provides IT-related and mission/operations-related services to the U.S. federal government (since 1961) and is one of its major IT service providers.
- Managed Services Sector (MSS): provides information systems outsourcing services to clients in a broad array of industries, including aerospace and defense, automotive, chemical and natural resources, consumer goods, financial services, healthcare, manufacturing, retail and distribution, telecommunications, and technology.
- Business Solutions and Services (BSS): serves a broad array of industries, providing industry specific solutions in areas such as consulting and systems integration, business process outsourcing, and intellectual property-based software to chemical, energy and natural resources; financial services; technology and consumer; manufacturing; healthcare; and public sector organizations. In addition, BSS provides professional technology staffing services in Australia, computer equipment repair and maintenance services in Asia, and credit reporting services in the United States.
- Object Builder Software, a Bulgaria IT services firm (2011)
- Maricom Systems, Inc., a business intelligence and data management solutions company (2011)
- AppLabs, a Hyderabad-based software testing company (2011)
- VIXIA Consultoria e Tecnologia Ltda., a São Paulo-based IT services firm (2011)
- iSOFT Group Limited (2011), adding iSOFT’s 3,000 global employees, including those from major research and development centers in India, Spain, UK, Australia, New Zealand and Central Europe
- CenTauri Solutions, LLC (2010)
- Image Solutions Inc., a global leader in regulatory submission management solutions and related implementation and outsourcing services for the Life Sciences sector (2010)
- Vulnerability Research Labs (2010)
- Bass & Company (2010)
- BearingPoint's Brazil operations (2009)
- Log.Sec Corporation (2008)
- OBS BG (2008), renamed to CSC BG
- First Consulting Group (2008)http://www.csc.com/newsandevents/news/12129.shtml
- Covansys Corporation Limited (2007)
- Datatrac Information Services, Inc., a U.S. government services and solutions provider headquartered in Richardson, Texas (2006)
- DynCorp, one of the largest U.S.-based, employee-owned technology and outsourcing firms (2003); sold three DynCorp units (DynCorp International, DynMarine and certain DynCorp Technical Services contracts) to Veritas Capital Fund, LP in 2005
- Mynd Corporation, formerly known as Policy Management Systems Corporation (PMSC, including PMSC India) (2001)
- Nichols Research Corp., a defense and intelligence research specialist and systems integrator (1999)
- Continuum Co., an Austin, Texas-based competitor specializing in software and services for banks and insurance companies (1996)
- Ploenzke AG, Germany's largest independent computer services firm (1995)
- Butler Cox, a London-based IT consultancy (1991)
- Index Group, a leading US consultancy with a base in the UK (1988)
Awards/ Recognition 
- Ranked 8th in Software Magazine’s Software 500 ranking of the world’s largest software and service providers.
- Awarded Gold Level Achievement for the American Heart Association’s (AHA) 2012 Fit-Friendly Companies Recognition program My Heart. My Life.
- Recognized by Corporate Responsibility Magazine as one of the Best Corporate Citizens in government contracting for both 2011 and 2012.
- Ranked in the top 50 greenest companies in America in the 2011 Newsweek Green Rankings.
- Ranked in the top ten by Corporate Responsibility Magazine as one of the “Industry Sector Best Corporate Citizens in Business Services” for 2011.
- Identified as a “Leader” in the March 11, 2011, Forrester Research, Inc. report “The Forrester Wave™: Global IT Infrastructure Outsourcing, Q1 2011”.
- Selected as a top simulation and training company (for the third consecutive year in 2011) by Military Training Technology, a member of Kerrigan Media Group.
- Recognized by FORTUNE magazine as one of the “World’s Most Admired Companies” - ranked number five (2010) and four (2011) in the Information Technology Services category.
- Ranked 3rd in both 'Buy Side Contract Management' and 'Sell Side Contract Management' in the 2010 annual survey of the Top Companies in Contract Management published by The International Association of Contract and Commercial Management (IACCM). 
- In December 2011, the non-partisan organization Public Campaign criticized CSC for spending $4.39 million on lobbying and not paying any taxes during 2008–2010, instead getting $305 million in tax rebates, despite making a profit of $1.67 billion.
- In February 2011, the SEC launched a fraud investigation into CSC’s accounting practices in Denmark and Australian business. CSC's CFO Mike Mancuso confirmed that accounting errors and intentional misconduct by certain personnel in Australia prompted SEC regulators to turn their gaze to Australia. Mancuso also stated that the alleged misconduct includes $19 million in both intentional accounting irregularities and unintentional accounting errors.
- The company has been accused of breaching human rights by arranging several illegal rendition flights for the CIA between 2003 and 2006, which also has led to criticism of shareholders of the company, including the governments of Norway and Britain.
- April 16, 1959: Roy Nutt and Fletcher Jones found Computer Sciences Corporation (CSC).
- 1959: Honeywell hires CSC (the first client) to develop a business-language compiler, called FACT.
- May 1961: Signs its first government contract, with NASA’s Jet Propulsion Laboratory.
- June 1962: Opens its first service bureau, with the purchase of a $3.5 million computer — ranked as one of the largest and fastest at the time — offering ‘computing time’ over phone lines.
- 1963: As the first publicly traded software company, CSC is active on the Pacific and American stock exchanges. Also designs and implements software suite for UNIVAC 1107, one of the largest computers at that time.
- May 1963: Opens an office in El Segundo, California. The CSC headquarters remained in El Segundo for 45 years.
- July 1964: Launches Computax offering, a computerized tax return service.
- September 1964: Opens a new office in Washington, D.C.
- January 1965: Two divisions of ITT are acquired, making CSC the largest IT services company in the United States.
- June 1966: Wins a five-year contract for NASA's Marshall Space Flight Center.
- September 1966: Develops a payroll system for banks, selling payroll services to their business customers.
- December 1966: Announces Computicket, the first computer-based system for sports and entertainment ticket sales and management.
- 1968: Becomes the first independent IT firm listed on the New York Stock Exchange.
- March 1968: Computer Sciences Institute is created, providing business professionals with education and learning about how computers and technology can modernize business operations.
- May 1968: Acquires advanced communications technology capabilities from Western Union Telegraph Co.
- 1969: Infonet is created to operate CSC’s timesharing business.
- 1969: Teamed with RCA, CSC wins a contract to develop the U.S. Navy’s Aegis weapons system, the most advanced combat system in the world.
- March 1969: CSC Systems Group - the precursor to today’s North American Public Sector organization — is formed by consolidating units.
- April 1969: With 4,000 employees and $65 million in revenue, CSC celebrates its 10-year anniversary.
- August 1969: Begins a long-term partnership with AT&T, starting with the Trunks Integrated Record Keeping System (TIRKS), a circuit provisioning system that kept track of telephone equipment and facilities. Beginning in 1985, CSC began managing and implementing all software changes to this vast application system, which ran on IBM 3090 mainframes and comprised 100 databases, 24,000 modules and 6 million lines of code.
- April 1970: Annual revenues exceed $100 million.
- July 1970: Acquires Commonwealth Services Inc., a provider of computer technology solutions for the transportation, distribution and utilities markets.
- 1971: Creates the first computerized air cargo system at London’s Heathrow Airport.
- May 1971: Computer Sciences International opens new offices in France, Italy, the Netherlands, the United Kingdom and West Germany.
- July 1971: Builds the first airport ground traffic system’s model and simulation for New York City’s JFK airport, to be used nationwide and globally.
- September 1971: Builds the first automated traffic control system for the Panama Canal.
- 1972: Awarded its first contract with the U.S. Federal Aviation Administration.
- March 1972: CSC Infonet is awarded a five-year, $43 million contract from the General Services Administration, to provide timeshare services to every U.S. government agency.
- November 7, 1972: Fletcher Jones, the company’s co-founder, dies in an airplane crash near Santa Barbara, California.
- November 10, 1972: Bill Hoover is elected CEO and Chairman.
- August 1973: Wins a significant contract with NASA’s Goddard Space Flight Center.
- May 1975: Wins contract to manage and operate the County of Pierce, Washington’s computer center.
- November 1975: Enters into an agreement to provide automated air traffic control system for West Germany.
- March 1977: Begins providing computer services to the United States Environmental Protection Agency (EPA), supporting its mission to protect human health and preserve the quality of the environment.
- June 1977: Wins contracts to support Washington, DC and Atlanta, Georgia Metro transportation systems.
- 1978: PAID Prescriptions acquisition is the first of many targeted at new commercial markets and expands claims processing capabilities within the health sector.
- October 1978: Wins landmark California Medi-Cal (Medicaid) business, further strengthening the company’s claims processing reputation.
- March 1979: Wins its largest contract to date — a $221 million, six-year project to supply a nationwide computer information system to the Kingdom of Saudi Arabia.
- May 1979: Strengthens offerings for transportation, distribution and logistics markets through CMS Industries acquisition.
- September 1980: Acquires business services division of Itel Corporation, providing accounting and HR services to small businesses.
- March 1981: Develops software for the successful launch of the Hubble Space Telescope; continues to support Hubble’s day-to-day operations for the next three decades.
- September 1982: Awarded contracts to support the emerging U.S. Space Shuttle program at Lyndon B. Johnson Space Center (JSC) in Houston and John F. Kennedy Space Center (KSC) in Florida.
- 1982: Enters credit reporting market with Associated Credit Services acquisition.
- March 1983: Becomes the claims processing agent for the U.S. federal government’s National Flood Insurance Program.
- 1985: Broadening its role in the manufacturing systems market, CSC acquires Compufact.
- May 1985: Begins processing health claims of coal miners for the U.S. Department of Labor’s Black Lung Program, furthering its claims processing experience.
- January 1986: Wins Medicaid Management Information System (MMIS) contract for State of New York.
- August 1986: Computer Partners acquisition expands CSC’s presence in IT consulting and professional services market.
- March 1987: First $1 billion contract signed, with NASA’s Goddard Space Flight Center.
- 1988: Associated Credit Services subsidiary changes its name to CSC Credit Services.
- 1988: Introduces a new corporate identity program and redesigns the company logo.
- April 1988: Annual revenues hit $1 billion.
- September 1988: Purchase of the Index Group expands CSC’s management consulting business, as well as its executive education and corporate-sponsored business research programs.
- January 1989: Creates the Leading Edge Forum to drive global leadership in Innovation, CSC's Centers of Excellence, and recognition of great achievements through the Chairman's Award for Excellence.
- June 1989: Strengthens its market position and doubles its revenue in Europe, with the purchase of CIG-Intersys Group, Belgium’s leading IT company.
- June 14, 1990: CSC co-founder Roy Nutt dies at age 59.
- December 1990: CSC employee/astronaut Ron Parise flies on Space Shuttle Columbia Astro-1 mission.
- January 1991: Acquires Analytics Inc, adding services in logistics, communications and information security, mainly to the intelligence community, where CSC has numerous clients.
- November 1991: A $3 billion agreement with General Dynamics establishes CSC as a technology outsourcing leader.
- 1992: Following the Iraq invasion, CSC rebuilds war-ravaged Kuwait’s technology lifeline.
- 1993: CSC executive James Champy co-authors the groundbreaking bestseller, Reengineering the Corporation, with Michael Hammer.
- April 1994: Signs a 10-year, $1.5 billion IT outsourcing contract in the UK with BAE Systems, one of the largest commercial IT outsourcing contracts ever awarded to a single supplier in Europe.
- May 1994: Signs a $1.1 billion contract to provide comprehensive information systems support at NASA's Marshall Space Flight Center. The contract is known as Program Information Systems Mission Services (PrISMS).
- December 1994: European operations expand with acquisition of Ploenzke, AG, Germany’s largest computer services company.
- March 1995: CSC astronaut Ron Parise flies aboard Space Shuttle Endeavor Astro-2 mission.
- 1996: Selected to head The Pinnacle Alliance, a consortium of vendors created with J.P. Morgan to implement and operate a multibillion-dollar outsourcing agreement.
- April 1996: The Continuum Company acquisition increases CSC’s global financial services software and business process outsourcing portfolio.
- December 1996: Signs a $4 billion long-term outsourcing agreement with DuPont, one of the largest and most innovative technology agreements in history.
- September 1998: Successfully fights off a hostile takeover bid by Computer Associates International.
- December 1998: The IRS selects CSC to modernize the U.S. tax system.
- February 1999: CSA Holdings Ltd. acquisition expands CSC’s presence in Asia.
- March 1999: UTC outsourced its IT operations to CSC in a 10-year outsourcing agreement valued at over $2 billion.
- September 1999: Nichols Research Corp. merges with CSC.
- December 1999: Wins a 10-year Army Logistics Modernization contract, which leads to the world’s largest ERP installation.
- 2000: Wins award to support claims processing system for the state of New York’s Medicaid program (eMedNY), the largest in the nation.
- December 2000: Mynd Corporation acquisition strengthens CSC’s portfolio of insurance industry solutions.
- 2001: Signs a cycling team sponsorship agreement with Riis Cycling, managed by 1996 Tour de France winner Bjarne Riis.
- April 2001: Annual revenues exceed $10 billion.
- February 2003: LOGMOD, the CSC-led revamp of the world’s largest supply chain for the U.S. Army Materiel Command, goes live as the first U.S. government outsourcing of the entire modernization and operation of a major IT system.
- March 2003: Acquires DynCorp, adding 26,000 employees and extending government services capabilities.
- May 2003: CSC-lead Prism Alliance is awarded an outsourcing contract (valued at $2.4 billion) with the UK's Royal Mail Group.
- December 2003: Swiss Re awards CSC one of the largest insurance BPO contracts.
- July 2004: Wins the largest applications outsourcing contract in the insurance industry, from Zurich Financial Services.
- May 2005: Wins a contract to provide shared services to NASA's John C. Stennis Space Center.
- December 2006: Datatrac acquisition increases CSC’s federal government capabilities.
- April 2007: Covansys acquisition adds 8,400 employees in India.
- May 2007: CSC Project Accelerate initiative is launched to deliver improved growth.
- October 2007: First Consulting Group purchase bolsters presence in India and Vietnam.
- May 2008: Annual revenues surpass $15 billion.
- August 2008: Corporate headquarters move to Annandale, Virginia.
- May 2008: New CSC logo unveiled as part of global branding campaign. Gotham becomes the new corporate font for CSC.
- July 2008: Team CSC’s Carlos Sastre wins Tour de France, capping a successful seven-year pro cycling sponsorship.
- October 2008: IT services center opens in China.
- November 2008: Wins contract extension to support eMedNY, which annually processes more than 350 million Medicaid claims and generates payments in excess of $40 billion. CSC also manages the Web site, data center operations and telecommunications network.
- January 2009: Announces new contract to process Medicaid claims for the state of North Carolina.
- February 2009: Announces cloud computing initiative.
- April 2009: Celebrates 50-year anniversary.
- November 2009: Wins $2.9 bn 10.5-year infrastructure sourcing contract with Zurich Insurance Group.
- June 2011: Announces acquisition of Brazilian IT Services Firm VIXIA.
- July 2011: Finalizes iSOFT Acquisition.
- September 2011: Announces AppLabs acquisition.
- May 2011: Obtains a contract to deliver logistics and other services to the US Postal Service under a seven-year deal with an estimated total value of $41.74 million.
- February 2012: Upon Mike Laphen's Retirement, Mike Lawrie is appointed as new President and Chief Executive Officer of CSC.
See also 
- VP/MS (Visual Product Modeling System), a modeling language and product lifecycle management tool by CSC
- Team CSC professional cycling team, 2001–2008
- Top 100 US Federal Contractors
- Management and Board of Directors
- "Computer Sciences Corporation, Form 10-K, Annual Report, Filing Date May 29, 2012". secdatabase.com. Retrieved Mar 29, 2013.
- "Affiliated Computer Services, Form 8-K, Current Report, Filing Date Sep 29, 2009". secdatabase.com. Retrieved Mar 29, 2013.
- "Xerox In $6.4 Billion ACS Buy: Xerox will pay cash and stock to acquire IT and business process outsourcer Affiliated Computer Services". Information Week. September 28, 2009. Retrieved June 1, 2010.
- Fortune World's Most Admired Companies - Computer Sciences
- Global 2000 - The World's Biggest Public Companies
- "Our History". CSC web site. Retrieved June 1, 2010.
- A History of Silicon Valley
- "Computer Sciences Corporation, Form 10-Q, Quarterly Report, Filing Date Feb 6, 2008". secdatabase.com. Retrieved Mar 29, 2013.
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Mar 31, 2008". secdatabase.com. Retrieved Mar 29, 2013.
- "FORTUNE 500: Companies by year C". CNN. Retrieved March 28, 2011.
- Fortune 500 2012 Computer Sciences
- CSC STRENGTHENS GLOBAL DELIVERY CAPABILITIES WITH BULGARIAN ACQUISITION
- Acquisition Strengthens CSC’s Health Informatics and Health Information Services
- "Computer Sciences Corporation, Form 10-Q, Quarterly Report, Filing Date Nov 9, 2011". secdatabase.com. Retrieved Mar 29, 2013.
- CSC Acquires IT testing firm AppLabs
- CSC Acquires Brazilian IT Services Firm VIXIA
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Aug 3, 2011". secdatabase.com. Retrieved Mar 29, 2013.
- CSC Finalizes iSOFT Acquisition
- CSC Acquires CenTauri Solutions
- CSC to acquire Image Solutions
- CSC Finalizes Image Solutions, Inc. Acquisition
- CSC Acquires Vulnerability Research Labs
- CSC Acquires Bass & Company
- CSC COMPLETES ACQUISITION OF BEARINGPOINT BRAZIL OPERATION
- CSC ACQUIRES LOG.SEC CORPORATION
- CSC: CSC STRENGTHENS GLOBAL DELIVERY CAPABILITIES WITH BULGARIAN ACQUISITION December 11, 2008
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Nov 1, 2007". secdatabase.com. Retrieved Mar 29, 2013.
- CSC COMPLETES ACQUISITION OF COVANSYS
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Feb 9, 2007". secdatabase.com. Retrieved Mar 29, 2013.
- CSC ACQUIRES U.S. FEDERAL SERVICES PROVIDER DATATRAC
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Dec 13, 2002". secdatabase.com. Retrieved Mar 29, 2013.
- COMPUTER SCIENCES CORPORATION COMPLETES ACQUISITION OF DYNCORP
- A BRIEF HISTORY OF DYNCORP INTERNATIONAL
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Jun 20, 2000". secdatabase.com. Retrieved Mar 29, 2013.
- CSC acquires Mynd Corporation
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Nov 16, 1999". secdatabase.com. Retrieved Mar 29, 2013.
- CSC to acquire Nichols Research
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Aug 1, 1996". secdatabase.com. Retrieved Mar 29, 2013.
- Computer Sciences to Buy Continuum for $1.4 Billion
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Jan 23, 1995". secdatabase.com. Retrieved Mar 29, 2013.
- CSC acquires leading German technology consulting firm
- CSC: Our Highlights
- CSC Named to Software Magazine’s 30th Annual Software 500
- CSC Recognized as a Fit-Friendly Company by the American Heart Association
- CSC Recognized by CR Magazine as a Top Corporate Citizen in Government Contracting for the Second Consecutive Year
- CSC Recognized for Third Consecutive Year as One of America’s Greenest Companies by Newsweek
- CSC Recognized as a Top Corporate Citizen by CR Magazine
- Independent Research Report Cites CSC as a ‘Leader’ in Global IT Infrastructure Outsourcing
- CSC Named a Top Simulation and Training Company for Third Consecutive Year
- CSC Recognized as One of the World's Most Admired IT Services Companies by FORTUNE Magazine
- CSC Recognized as One of the World’s Most Admired IT Services Companies by FORTUNE Magazine for Second Consecutive Year
- Who is the best at Contract Management?
- Portero, Ashley. "30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010". International Business Times. Archived from the original on 26 December 2011. Retrieved 26 December 2011.
- CSC Accounting Fraud Extends to Australia
- Computer Sciences Corporation torture link challenges Norway's ethical reputation
- Lloyds owns stake in US firm accused over CIA torture flights
- CSC gets Postal Service stamp of approval for logistics support
- "Computer Sciences Corporation, Form 8-K, Current Report, Filing Date Mar 16, 2012". secdatabase.com. Retrieved Mar 29, 2013.