Shaw/CSC Joint Venture Awarded U.S. Navy Base Operations Contract

BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group, Inc. (NYSE: SHAW) and CSC (NYSE: CSC) announced that the U.S. Navy awarded Kings Bay Support Services, LLC (KBSS), a joint venture between Shaw’s Environmental & Infrastructure Group and CSC’s North American Public Sector’s Defense Group, a contract to provide base operations support services at the Naval Submarine Base in Kings Bay, Ga. Under the terms of the agreement, KBSS will provide critical daily operations services, such as public safety, security, telecommunications, technical management and facilities support beginning Dec. 1, 2011.

“Shaw and CSC have valuable and complementary expertise and experience in supporting U.S. government clients,” said George Bevan, president of Shaw’s Environmental & Infrastructure Group. “Our combined capabilities will help manage operations and support mission-critical functions effectively at the Naval Submarine Base in Kings Bay.”

“Kings Bay Support Services represents the next step in our continued commitment to the Naval Facilities Engineering Command operations support, applying the knowledge and record of operational excellence of this proven alliance,” said Alan Weakley, president of CSC’s North American Public Sector’s Defense Group. “CSC is proud to support the men and women of the U.S. Navy and endeavor to provide the highest level of service to our nation’s critical infrastructure.”

The eight-year contract has a maximum value of approximately $270 million if all options are exercised, and includes a one-year base period, four one-year options and three award options. The amount Shaw included in its Environmental & Infrastructure segment’s backlog of unfilled orders in the fourth quarter of fiscal year 2011 was undisclosed.

Shaw and CSC have worked together previously to provide facilities support at NASA’s Stennis Space Center in Mississippi and launch operations support at the Cape Canaveral Air Force Station in Florida.

The Naval Submarine Base in Kings Bay is responsible for the readiness of submarines and crews in support of current and future maritime and fleet tasking. The base is home to the U.S. Navy’s Atlantic Fleet Ballistic Missile Submarine Force and the Strategic Weapons Facility, Atlantic.

About The Shaw Group

The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2011 annual revenues of $5.9 billion, Shaw has approximately 27,000 employees around the world and is a power sector industry leader according to Engineering News-Record’s list of Top 500 Design Firms. For more information, please visit Shaw’s website at www.shawgrp.com.

About CSC’s North American Public Sector

As a go-to partner for critical national programs, CSC offers thought leadership, specialized skills and innovative services in critical areas for government clients. Leveraging a global footprint in both private and public sectors, and experience gained from serving almost every U.S. government agency, CSC’s North American Public Sector (NPS) brings innovative ideas and proven best practices to help the U.S. government meet mission-critical requirements. For more information about CSC’s government solutions, visit www.csc.com/government.

About CSC

CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 97,000 employees and reported revenue of $16.2 billion for the 12 months ended September 30, 2011. For more information, visit the company's website at www.csc.com.

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