) declared that its Dutch subsidiary has been selected by Royal DSM
N.V. for various types of IT support solutions. Royal DSM chose
Unisys given its highly developed technology and its advanced and
Royal DSM is mainly engaged in offering various types of
science-based solutions in the field of health, nutrition and
materials. In addition, Royal DSM has 22,000 employees operating
Per the latest contract, the company will offer Royal DSM a
complete suite of single-point-of-contact (SPOC) service desk
solutions to resolve any queries related to IT matters. Moreover,
the company will be rendering its services across 37 countries in
Europe and America in seven different languages including Dutch,
English, German, French, Italian, Spanish and Portuguese.
Management is highly encouraged by its association with Royal
DSM. The company through integrating its technologically advanced
services with Royal DSM will work diligently to improve the
efficiency and productivity of its clients.
Contract wins have always been the niche strength for Unisys.
Recently, the company received a $504 million contract from the
U.S. Department of Homeland Security (DHS) Targeting and Analysis
Systems Program Office (TASPO). As per the latest contract, the
company will develop, operate and manage systems for risk
assessments of people and cargo entering the U.S. The task order
forms a part of the U.S. General Services Administration's Alliant
government-wide acquisition contract.
The company, however, should not become complacent with its
contract win spree as it faces stiff competition largely from
proactive companies including
International Business Machines Corporation
The current Zacks Consensus Estimates for Unisys are 64 cents
and $3.20 per share for the third quarter of 2012 and full year of
2012, respectively. The estimates represent a year-over-year growth
of (60.74%) for the third quarter and (27.84%) for 2012. At
present, we have a 'Neutral' recommendation on Unisys. The stock
currently carries a Zacks #3 Rank, which translates into a
short-term 'Hold' rating.
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