InvestorsHub Logo
Followers 16
Posts 1253
Boards Moderated 0
Alias Born 07/21/2003

Re: None

Wednesday, 09/19/2007 9:21:58 AM

Wednesday, September 19, 2007 9:21:58 AM

Post# of 249539
EDS Gets $800M Homeland Security Deal

http://biz.yahoo.com/ap/070918/eds_contract.html?.v=1

Tuesday September 18, 6:09 pm ET
EDS Gets $800 Million Homeland Security Contract to Provide Security at Major Data Center


WASHINGTON (AP) -- Technology services provider Electronic Data Systems Corp. won an $800 million contract from the Homeland Security Department to run a major data center, a company spokesman said Tuesday.
No other public announcement was made by either the company or the department.

The terms of the deal include a 10-month base term with five one-year options, plus an additional two-year option to extend the length of the contract.

EDS will provide security at the second of two information technology processing system run by the department. The company declined to specify where the data center is located due to national security.

Shares of EDS fell 40 cents to $21.66 in after-hours trading, after shares added 42 cents to $22.07.


MAYBE WE'RE IN THIS SOMEWHERE.....There has to be access to this data center from somewhere.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.