CSC Announces $348 Million IT Services Contract Extension with Tryg (CSC)

CSC CSC today announced that it has signed a seven-year information technology outsourcing contract renewal with Tryg, the second-largest insurance company in the Nordic region. The new agreement expands the scope of the existing contract to include new services and extends to include Tryg's most recent acquisitions in Finland and Sweden with Moderna. This extension, which was awarded during CSC's fiscal 2011 fourth quarter, adds $348 million to the previously announced contract, which now runs through December 2017, if all options are exercised.