Computer Sciences Corp.
2100 E. Grand Ave.
El Segundo, Calif. 90245
www.csc.com Year founded: 1959 Industry: Information technology Revenue: $11.35 Billion Net Income/Loss: n/a Earnings per share: n/a Dividend: n/a Stockholder equity: n/a Auditor: Deloitte & Touche LLP Stock: CSC Assets: n/a Market capitalization: n/a 52-week high: n/a 52-week low: n/a Chairman and CEO: Van B. Honeycutt President and COO: Michael W. Laphen Employees: 92000 Local employees: 8000 Description: Computer Sciences is a large information technology company with headquarters in El Segundo, Calif., and a substantial federal government business in Falls Church. Services range from system integration (making different kinds of technologies work together) and Web hosting (putting a customer's Web site on a server so its accessible from the Internet) to software development and technology consulting. CSC is also the parent of DynCorp, a Reston government contractor acquired in 2003. Developments: A giant among technology services companies, Computer Sciences moved deeper into the government contracting sector this year, bolstering weak private sector spending with steady federal dollars. In the first 11 months of its fiscal year CSC had already recorded contracts worth more than double the total during the entire previous year. Most of its business is still with the private sector, but in the third quarter of its fiscal year ended Jan. 2 the government services unit brought in almost $1.5 billion of CSC's $3.6 billion revenue. The company's March 2003 acquisition of Reston-based DynCorp helped CSC double its revenue with the Defense Department during the first three quarters of its fiscal year, to $2.8 billion from $1.4 billion. The company moved its president and chief operating officer, Michael W. Laphen, from California to its Falls Church offices. Tragedy struck in October when three DynCorp employees working in the Gaza Strip between Israel and Egypt were killed in a bombing. In February DynCorp won a contract that could be worth up to $1.75 billion to provide the State Department with law enforcement officials for peace-eeping missions abroad.
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