DXC Wins Multi-Year Contract to Modernize Norske Skog's Network and Tech Operations
DXC is trading near its 52-week low of $7.9 (12% above the low).
Summary
DXC Technology has expanded its long-standing partnership with Norske Skog, securing a multi-year agreement to design, implement, and operate a new software-defined wide area network (SD-WAN) and serve as a primary technology partner. This deal, spanning four years, aims to modernize Norske Skog's network infrastructure and broader technology environment. The win follows a series of recent partnership announcements for DXC, including deals with Anthropic and Perth Airport, and comes after the company reported a decline in net income and revenue for fiscal 2026. Securing such multi-year contracts is important for DXC's revenue stability and growth.
At the time of this announcement, DXC was trading at $8.83 on NYSE in the Technology sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $7.90 to $16.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.