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May 01, 2006

Rheinmetall and IBM enhance scope of existing contract

Rheinmetall, the German automotive components firm, and IT major IBM have expanded the scope of their existing deal to include business transformation outsourcing services. The renewed agreement will take shape  with immediate effect with a transition phase lasting until the completion of the year 2006. TMCnet reports:

The 13m, seven-year contract covers the outsourcing of payroll accounting for Rheinmetall Defence and services in connection with occupational pensions for Rheinmetall Group.

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