Affiliated Computer Services (ACS) Extends Agreement with United Technologies (UTX) Through Renewal of F&A Contract Valued at $41M

October 6, 2008 9:23 AM EDT

Affiliated Computer Services, Inc. (NYSE: ACS) is extending its relationship with United Technologies Corp. (NYSE: UTX) with a renewed finance and accounting contract valued at $41 million over three years.

The extended contract calls for ACS to continue providing domestic finance and accounting services, including accounts payable, travel and expense reporting, payroll and related accounting functions, to United Technologies Corp., a diversified provider of high technology products and support services to the building systems and aerospace industries.

Affiliated Computer Services, Inc. provides business process outsourcing and information technology (IT) services to commercial and government clients in the United States.


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