Possible Future Acquisitions

As part of its revenue growth strategy, DXC plans to execute targeted, "tuck-in" acquisitions that can expand its digital offerings, Lawrie said. He wasn't more specific, although he said they would account for 1 to 2 percent revenue growth by 2020.

The planned acquisitions take up only a minor part in a "disciplined" capital allocation approach by DXC over the next three years, in which about 30 percent of capital would be returned to shareholders through dividends and stock repurchases.

All of that depends on "successful execution," Lawrie told investors.