– Computer Sciences Corp.

has signed an extended IT outsourcing contract with General Dynamics worth $1.6 billion for a period of seven years. Computer Sciences said the amount represents an increase of $30 million above its previous estimate, made when it signed a memorandum of understanding with General Dynamics on Dec. 23.

– Staar Surgical Co.

, a Monrovia-based ophthalmic product provider, said it will sell 4.1 million newly issued shares to institutional investors for $3.50 per share. The transaction will close on or around April 5. The placement agent for the transaction was Pacific Growth Equities LLC.

-Flamemaster Corp.

has completed its purchase of Best Candy & Tobacco Co., a candy and tobacco products company that distributes its products to wholesalers, convenience stores and other retailers in California and Arizona. Sun Valley-based Flamemaster announced that it had entered into a letter of intent with Best Candy & Tobacco Co. on Oct. 7.

-Beverly Hills Film Studios

said that its board of directors initiated a name and brand repositioning change, along with a new stock trading symbol, effective Friday. The L.A.-based entertainment company will be known as Big Screen Entertainment Group, Inc. Its new trading symbol is BSEG. At the end of 2004, the company restructured its board, strategy and management and named Kimberley Kates its studio head. Kates said the new company name reflects the changes.

-Teledyne Technologies Inc.

, an L.A.-based electronic components provider, announced that its Teledyne Isco, Inc. and its Germany-based subsidiary STIP-Isco GmbH have sold the assets of STIP-Isco to Endress + Hauser Conducta GmbH + Co KG. As a part of the transaction, Teledyne Isco also sold to Endress+Hauser the rights to certain online analytical instruments produced by Teledyne Isco in the U.S. The terms of the transaction were not disclosed. Teledyne announced the agreement to sell STIP’s assets on Feb. 22.