August 16, 1985
The El Segundo-based company will supply and operate a consolidated data network for the U.S. Customs Service. The contract, which is the largest in the company's history, has an initial value of $48.5 million and could be worth $282 million over eight years if all options are exercised. The network could be expanded to include certain operations of the Internal Revenue Service and a number of other operations of the Treasury Department.
March 1, 2007 |
Computer Sciences Corp. said it planned to restate more than a decade of results by about $59 million to account for expenses from options grant backdating. An internal probe found employees didn't intentionally date grants to when the company's stock traded lower, inflating their value, El Segundo-based Computer Sciences said. The company hasn't filed financial statements for the last two quarters because of the probe.
December 10, 1998 |
After 10 years and billions of dollars in failed efforts, the gargantuan task of overhauling the computer systems at the Internal Revenue Service landed Wednesday in the lap of Computer Sciences Corp. In turning the job over to the private sector, the federal tax agency is opening a new chapter in its long struggle to bring taxpayers modern conveniences ranging from personalized customer service to the ability to file tax returns via the Internet.
February 29, 1992 |
The Environmental Protection Agency unduly relies on an outside contractor for a wide variety of management-support services, making the agency increasingly vulnerable to fraud, waste, abuse and illegal practices, an internal EPA audit said Friday. The agency's inspector general said in a report that his investigators have identified more than $13 million in questionable payments to the contractor, Computer Sciences Corp. of El Segundo, Calif.
December 24, 2004 |
At least 181 U.S. contractors have died this year in Iraq, and more than half worked for Titan Corp., Halliburton Co. or Computer Science Corp.'s DynCorp Technical Services unit, according to U.S. Labor Department data. The number of contractor personnel deaths contrasts with 23 deaths in 2003. It doesn't include the four Halliburton employees who were killed this week in an attack on a U.S. base near Mosul, in northern Iraq.
August 29, 2000
Paul N. Blumberg and Wilford D. Godbold Jr. have been elected to the board of directors of Ceradyne Inc. in Costa Mesa. Blumberg is director of the Chemical and Physical Sciences Laboratory, Ford Research Laboratory. Godbold, currently a private investor, was president and chief executive of Zero Corp. * Harold Fox has been appointed chief financial officer of Western Dental Services in Orange. He previously spent seven years as chief financial officer for RJME Inc.