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Computer Sciences Receives $1.28 Billion In Government Contracts

Computer Sciences' federal sector business unit said late Monday it has received contracts valued at $1.28 billion.

News of the contracts sent Computer Sciences shares higher after the close of the market.

According to Computer Sciences, it signed 62 previously unannounced contracts and subcontracts between Jan. 1 and the end of its fiscal fourth-quarter which ended March 30.