SYDNEY, March 9, 2016 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced that its Australian subsidiary has signed a two-year contract extension, estimated to be worth approximately AUD$74 million (US$54 million), with the Australian Department of Defence to provide IT support for 100,000 end users at approximately 450 Defence locations across Australia.
Under the contract, which runs until October 2018, Unisys will continue to provide IT support to all sections within the Australian Department of Defence. Unisys also provides support for joint service and international military exercises such as Talisman Sabre, as well as emergency disaster responses including floods and bushfires.
Since taking on the contract in 2008, Unisys has standardized Defence Department IT support processes nationally, and provides a flexible workforce model based on man-hour capacity and prioritized services. The model offers the Department price predictability, control over where workforce efforts are focused, and transparent reporting about how the workforce has been used.
"We are delighted to continue our work with the Australian Department of Defence," said Lysandra Schmutter, Public Sector Lead, Unisys Asia Pacific. "Our renewal with the Department of Defence is a testament to the value we collectively have brought to provide a high quality of services and insights to support the critical operations across their bases nationwide. Our focus is on the critical role of base operations in defense and ensuring they are executing efficiently and effectively at all times.
Unisys has a strong history and experience working with public sector organizations. More than 300 government agencies worldwide use Unisys solutions. In Australia, Unisys supports federal and state government departments and agencies including the Australian Department of Immigration and Border Protection, Australian National Audit Office and the Queensland Department of Education and Training.
Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. In particular, the estimated value of the two-year extension is based on various assumptions concerning the number and type of devices to be serviced by Unisys and the man-hour capacity required. Fees change based on the number and type of devices in use, man-hour capacity utilized and task prioritization, which may vary from the current forecast. In addition, the Australian Department of Defence has the option to terminate the contract prior to the expiry of the two-year contract extension period. Accordingly, the estimated value of the two-year extension is not guaranteed. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.
Unisys is a global information technology company that works with many of the world's largest companies and government organizations to solve their most pressing IT and business challenges. Unisys specializes in providing integrated, leading-edge solutions to clients in the government, financial services and commercial markets. With more than 20,000 employees serving clients around the world, Unisys offerings include cloud and infrastructure services, application services, security solutions, and high-end server technology. For more information, visit www.unisys.com.
RELEASE NO.: 0309/9400
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SOURCE Unisys Corporation