CSC Wins $25 Million (AUD$36.4 Million) Contract Extension with Kmart Australia
FALLS CHURCH, Va.- CSC (NYSE: CSC) today announced a five-year information technology (IT) contract extension with leading retailer Kmart Australia, valued at approximately $25 million (AUD$36.4 million).
Under terms of the agreement, CSC will continue to provide comprehensive infrastructure systems and operations support services for more than 400 Kmart, Kmart Tyre and Auto retailers. This award extends a contract CSC signed in 2004 with Coles Myer, which owned Kmart at the time.
“CSC has worked hard to build a strong relationship with Kmart and the professionalism and quality of service from them has been a contributing factor in this major decision,” said Ian Baily, chief operating officer, Kmart Australia. “We are working closely together and leveraging skills to drive improvements that benefit both companies.”
“During tough economic times, this contract extension is a testament to our ability to deliver the results our clients need,” said Nick Wilkinson, president of CSC’s operations in Australia. “We are 100 percent committed to continue working alongside Kmart to help them fulfill their business objectives and look forward to further strengthening an already solid relationship.”
CSC is a leading provider of IT services in Victoria with a portfolio of clients that include ITSS, Powercor-Citipower, D&B Australia and Tenix Solutions.
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