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LONDON - DXC Technology (NYSE:DXC) has secured a contract to deliver business process outsourcing services and replacement systems to the Metropolitan Police Service, according to a press release statement issued Monday. The IT services provider, with a market capitalization of $2.29 billion, has been working to secure new business amid challenging market conditions that have seen its stock decline 34.13% year-to-date.
The 7+1+1 year agreement will see DXC implement new Enterprise Resource Planning (ERP) and Resource Management (RM) systems for the UK’s largest police force, as well as transform certain HR, Commercial and Finance services.
The technology services provider was selected following a competitive tender process, with the contract signed between DXC and London’s Mayor’s Office for Policing and Crime (MOPAC).
According to the statement, the new systems aim to enable the Met to utilize real-time data to respond better to local needs, streamline internal processes, and reduce costs. The implementation is part of the Met’s "New Met for London" strategy.
"DXC will help us continue the transformational journey to deliver our New Met for London strategy by helping us to better plan and manage our resources," said Marie Heracleous, Chief Officer Business Services at the Metropolitan Police Service.
The technology transformation will incorporate Oracle Fusion SaaS and AI capabilities alongside Strategic Workforce Management for Operational Policing, according to the company.
DXC’s solution is designed to simplify part of the Met’s technology landscape to improve performance across frontline operations, allowing officers to focus more on policing activities.As a prominent player in the IT Services industry, DXC’s current valuation metrics suggest the stock may be undervalued according to InvestingPro Fair Value analysis. Investors can access additional insights, including 8 more ProTips and comprehensive financial metrics in the Pro Research Report, available for DXC and 1,400+ other US equities through InvestingPro.
In other recent news, DXC Technology reported its earnings for the second quarter of fiscal year 2026. The company delivered an earnings per share (EPS) of $0.84, exceeding the forecasted $0.70. However, DXC Technology fell slightly short of its revenue expectations, reporting $3.16 billion compared to the anticipated $3.17 billion. These results highlight a mixed financial performance for the quarter. Despite the EPS beat, the revenue miss has prompted investors to consider the company’s future guidance carefully. The earnings results have been a focal point for market analysts and investors alike. These developments are part of the ongoing evaluation of DXC Technology’s financial health.
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