FALLS CHURCH, Va.—Information-technology services provider Computer Sciences Corp. on Thursday said it had an estimated $2.9 billion in previously unannounced business orders and awards.
In its last fiscal year, ended March 28, the company had revenue of about $16.5 billion.
The $2.9 billion comes from three primary lines of business in the company's fiscal 2009 first quarter, which ended July 4.
"We are pleased that our first quarter total awards and new business orders are in line with expectations," said Chairman, President, and Chief Executive Michael W. Laphen, in a statement. "This is the first time we have reported these awards for all three lines of business and look forward to following this process in the future."
The company's North American Public Sector (NPS) line of business signed 76 previously unannounced contracts and subcontracts during fiscal first quarter, with an estimated value of about $823 million if all options are exercised.
Civil agencies accounted for 27 awards with a total value of about $203 million. The Department of Defense and its agencies accounted for 49 awards with a total value of about $620 million.
CSC's Business Solutions & Services line of business received orders for new business with an estimated total value of $1.2 billion, if all contract options are exercised in full.
The company is scheduled to report its quarterly earnings Aug. 5.
Shares of Computer Sciences fell $2.21, or 4.5 percent, to close at $46.63.
