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11/14/2006
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CSC Wins $180 Million Outsourcing Deal

CSC will manage IT operations for all of Newmont's global shared services operations and regional gold mining facilities, including locations in Denver, Nevada, Ghana, Peru, and Australia.

Computer Sciences Corporation said Tuesday that it has signed a seven-year, $180 million IT outsourcing deal with Newmont Mining Corp., one of the world's largest gold mining companies.

Under the agreement, CSC will manage IT operations for all of Newmont's global shared services operations and regional gold mining facilities, including locations in Denver, Nevada, Ghana, Peru, and Australia. The contract includes responsibility for Newmont's enterprise-wide infrastructure, which includes help desk, desktop, network and telecommunications, and security services, as well as server support and applications maintenance. "This contract underscores the business value CSC brings to large-scale global mining companies such as Newmont," said CSC Chairman and CEO Van Honeycutt, in a statement. CSC has provided consulting services to various organizations within Newmont for the past two years.

CSC has seen an uptick in deals of late, despite an ongoing options probe that forced the company to delay filing its full, second quarter report earlier this month. CSC said deals announced in the second quarter totaled $8.8 billion, a company record for a three month period.

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