By Ron Coates, 3 November 2000 18:00
NEWS Revenues for the quarter were $2.5bn against the $2.2bn for the same period last year. Van Honeycutt, CEO, chairman and president of CSC, said: "We are quite pleased, given the backdrop of adverse currency effects in Europe and Australia and other factors that have generally moderated revenue growth for the entire information technology service industry." He cut the company's projected revenue for the year to $10.75bn from earlier estimates of $11bn. CSC has won $7.7bn worth of new business in the first half of the year including major contracts from Nortel and the US Air force. BAe is a major CSC customer in the UK.
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