Fool contributor Rich Smith also notes that the U.S. Department of Defense awarded two separate firm-fixed-price contracts: a $21.2 million contract to provide preventive and corrective maintenance at 66 military stations globally, and a $7.2 million IDIQ contract to provide technical and engineering support to the Marine Corps. These two contracts could be extended with up to five one-year options, which would increase the contract’s value to $74.4 million and $29.9 million, respectively. But perhaps CSC’s biggest news this year was the attainment of part of an $11 billion contract to provide “support services” to the U.S. Coast Guard. It’s only one of 12 companies on the contract roster, but even an equal one-twelfth slice of that pie is larger than all the other contracts we’ve examined here. Since there is no sign of a slowdown in government spending, CSC appears poised for continuous growth in the near future.
Putting the pieces together
Today, CSC has many of the qualities that make up a great stock, but no stock is truly perfect. Digging deeper can help you uncover the answers you need to make a great buy — or to stay away from a stock that’s going nowhere.
The article Is Computer Sciences Destined for Greatness? originally appeared on Fool.com and is written by Alex Planes.
Fool contributor Alex Planes and The Motley Fool have no position in any of the stocks mentioned.
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