As filed with the Securities and Exchange Commission on February 19, 2003
                                               Registration No. 333-

                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                    Form S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                               UNISYS CORPORATION
              (Exact name of registrant as specified in its charter)

        Delaware                                          38-0387840
(State of Incorporation)                   (I.R.S. Employer Identification No.)


                                   Unisys Way
                          Blue Bell, Pennsylvania 19424
                                (215) 986-4011
                    (Address of principal executive offices)

                  THE UNISYS CORPORATION 2002 STOCK OPTION PLAN
                           (Full title of the Plan)

                            Nancy Straus Sundheim
                            Senior Vice President,
                        General Counsel and Secretary
                              Unisys Corporation
                                  Unisys Way
                           Blue Bell, Pennsylvania 19424
                                  (215) 986-4008
                      (Name and address of agent for service)


                        CALCULATION OF REGISTRATION FEE

===================================================================================================


Title of Securities        Amount         Proposed Maximum       Proposed Maximum         Amount of
      to be                to be           Offering Price       Aggregate Offering      Registration
    Registered           Registered         per Share (1)           Price (1)                Fee
----------------------------------------------------------------------------------------------------
                                                                              
Common Stock,             10,000,000        $8.415                   $84,150,000          $7,741.80
par value $.01            shares
per share(2)
====================================================================================================


(1) Estimated pursuant to paragraphs (c) and (h) of Rule 457 solely for the
purpose of calculating the registration fee, based upon the average of the
reported high and low sales prices for a share of Common Stock on February 13,
2003, as reported on the New York Stock Exchange.

(2) Includes Preferred Share Purchase Rights ("Rights").  The Rights are
associated with and trade with the Common Stock.  The value, if any,
attributable to the Rights is reflected in the market price of the Common
Stock.







 2


                                    PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE

     The following documents, as filed by Unisys Corporation (the "Company")
with the Securities and Exchange Commission, are incorporated by reference in
this Registration Statement and made a part hereof:

     (a) The Company's latest annual report filed pursuant to Section 13(a) or
15(d) of the Securities Exchange Act of 1934 (the "Exchange Act");

     (b) All other reports filed pursuant to Section 13(a) or 15(d) of the
Exchange Act since the end of the fiscal year covered by the annual report
referred to in (a) above;

     (c) The description of the Common Stock of the Company contained in a
registration statement filed under the Exchange Act, including any amendment
or report filed for the purpose of updating such description.

     All reports and other documents subsequently filed by the Company pursuant
to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing
of a post-effective amendment that indicates that all securities offered hereby
have been sold or that deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference herein and to be part hereof from the
date of filing of such documents.

ITEM 4.  DESCRIPTION OF SECURITIES

     Not Applicable

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL

     Not applicable

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS

     Section 145 of the Delaware General Corporation Law (the "DGCL") provides
for, among other things:

     (a) permissive indemnification for expenses, judgments, fines and amounts
paid in settlement actually and reasonably incurred by designated persons,
including directors and officers of a corporation, in the event such persons
are parties to litigation other than stockholder derivative actions if certain
conditions are met;

     (b) permissive indemnification for expenses actually and reasonably
incurred by designated persons, including directors and officers of a
corporation, in the event such persons are parties to stockholder derivative
actions if certain conditions are met;



 3

     (c) mandatory indemnification for expenses actually and reasonably
incurred by designated persons, including directors and officers of a
corporation, in the event such persons are successful on the merits or
otherwise in litigation covered by (a) and (b) above; and

     (d) that the indemnification provided for by Section 145 shall not be
deemed exclusive of any other rights which may be provided under any by-law,
agreement, stockholder or disinterested director vote, or otherwise.

     The Company's Certificate of Incorporation provides that a director of the
Company shall not be personally liable to the Company or its stockholders for
monetary damages for breach of fiduciary duty as a director except for
liability (a) for any breach of the director's duty of loyalty to the Company
or its stockholders, (b) for acts or omissions not in good faith or which
involve intentional misconduct or a knowing violation of law, (c) for paying a
dividend or approving a stock repurchase in violation of Section 174 of the
DGCL or (d) for any transaction from which the director derived an improper
personal benefit.

     The Certificate of Incorporation also provides that each person who was or
is made a party to, or is involved in, any action, suit or proceeding by reason
of the fact that he or she is or was a director or officer of the Company (or
was serving at the request of the Company as a director, officer, employee or
agent for another entity) shall be indemnified and held harmless by the Company,
to the fullest extent authorized by the DGCL, as in effect (or, to the extent
indemnification is broadened, as it may be amended) against all expense,
liability or loss reasonably incurred by such person in connection therewith.
The Certificate of Incorporation further provides that such rights to
indemnification are contract rights and shall include the right to be paid by
the Company the expenses incurred in defending the proceedings specified above,
in advance of their final disposition, provided that, if the DGCL so requires,
such payment shall only be made upon delivery to the Company by the indemnified
party of an undertaking to repay all amounts so advanced if it shall ultimately
be determined that the person receiving such payment is not entitled to be
indemnified.  Persons so indemnified may bring suit against the Company to
recover unpaid amounts claimed thereunder, and if such suit is successful,
the expense of bringing such suit shall be reimbursed by the Company.  The
Certificate of Incorporation provides that the right to indemnification and to
the advance payment of expenses shall not be exclusive of any other right which
any person may have or acquire under any statute, provision of the Company's
Certificate of Incorporation or By-Laws, or otherwise. By resolution effective
September 16, 1986, the Board of Directors extended the right to indemnification
provided directors and officers by the Certificate of Incorporation to
employees of the Company. The Certificate of Incorporation also provides that
the Company may maintain insurance, at its expense, to protect itself and any
of its directors, officers, employees or agents against any expense,
liability or loss, whether or not the Company would have the power to
indemnify such person against such expense, liability or loss under the DGCL.



 4

     On April 28, 1988, at the Company's 1988 Annual Meeting of Stockholders,
the stockholders authorized the Company to enter into indemnification
agreements ("Indemnification Agreements") with its directors, and such
Indemnification Agreements have been executed with each of the directors of the
Company. The Indemnification Agreements provide that the Company shall, except
in certain situations specified below, indemnify a director against any expense,
liability or loss (including attorneys' fees, judgments, fines, ERISA excise
taxes or penalties and amounts paid in settlement) incurred by the director in
connection with any actual or threatened action, suit or proceeding (including
derivative suits) in which the director may be involved as a party or otherwise,
by reason of the fact that the director is or was serving in one or more
capacities as a director or officer of the Company or, at the request of the
Company, as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust, employee benefit plan or other entity or
enterprise.

     The Indemnification Agreements require indemnification except to the
extent (a) payment for any liability is made under an insurance policy
provided by the Company, (b) indemnification is provided by the Company under
the Certificate of Incorporation or By-Laws, the DGCL or otherwise than pursuant
to the Indemnification Agreement, (c) the liability is based upon or
attributable to the director gaining any personal pecuniary profit to which
such director is not legally entitled or is determined to result from the
director's knowingly fraudulent, dishonest or willful misconduct, (d) the
liability arises out of the violation of certain provisions of the Securities
Exchange Act of 1934 or (e) indemnification has been determined not to be
permitted by applicable law.

     The Indemnification Agreements further provide that, in the event of a
Potential Change in Control (as defined therein), the Company shall cause to be
maintained any then existing policies of directors' and officers' liability
insurance for a period of six years from the date of a Change in Control (as
defined therein) with coverage at least comparable to and in the same amounts
as that provided by such policies in effect immediately prior to such Potential
Change in Control.  In the event of a Potential Change in Control, the
Indemnification Agreements also provide for the establishment by the Company
of a trust (the "Trust"), for the benefit of each director, upon the written
request by the director.  The Trust shall be funded by the Company in amounts
sufficient to satisfy any and all liabilities reasonably anticipated at the
time of such request, as agreed upon by the director and the Company.

     The Indemnification Agreements also provide that no legal actions may be
brought by or on behalf of the Company, or any affiliate of the Company,
against a director after the expiration of two years from the date of accrual
of such cause of action, and that any claim or cause of action of the Company
or its affiliate shall be extinguished and deemed released unless asserted by
the timely filing of a legal action within such two year period.

     The directors and officers of the Company are insured against certain
civil liabilities, including liabilities under federal securities laws, which
might be incurred by them in such capacity.

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED

     Not Applicable

 5

ITEM 8.   EXHIBITS

Exhibit No.                                 Description

   5                 Opinion of Nancy Straus Sundheim, Esq. as to the legality
                     of the shares of Common Stock covered by the Registration
                     Statement

   23.1              Consent of Ernst & Young LLP, independent auditors

   23.2              Consent of counsel (included in opinion filed as Exhibit 5)

   24                Power of Attorney (included on the signature page hereof)


ITEM 9.  UNDERTAKINGS

     The undersigned registrant hereby undertakes:

(a) To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:

(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933 (the "Securities Act"), unless the information required
to be included in such post-effective amendment is contained in a periodic
report filed by the Company pursuant to Section 13 or Section 15(d) of the
Exchange Act and incorporated herein by reference;

(ii) To reflect in the prospectus any facts or events arising after the
effective date of the Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the Registration Statement,
unless the information required to be included in such post-effective amendment
is contained in a periodic report filed by the Company pursuant to Section 13
or Section 15(d) of the Exchange Act and incorporated herein by reference;

(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;

(b) That, for the purpose of determining any liability under the Securities
Act, each such post-effective amendment shall be deemed to be a new
Registration Statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof;

(c) To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering;

(d) That, for purposes of determining any liability under the Securities Act,
each filing of the Company's annual report pursuant to Section 13(a) or
Section 15(d) of the Exchange Act that is incorporated by reference in the
Registration Statement shall be deemed to be a new Registration Statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof;

 6

     Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
registrant pursuant to the provisions described in Item 6 above, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Securities Act and is, therefore, unenforceable. In the event a claim
for indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted against the registrant by such director, officer or
controlling person in connection with the securities being registered, the
registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as
expressed in the Securities Act and will be governed by the final adjudication
of such issue.





 7

                              SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the Township of Whitpain, Commonwealth of
Pennsylvania, on February 18, 2003.

                                              UNISYS CORPORATION

                                           By:/s/Lawrence A. Weinbach
                                              -----------------------
                                                 Lawrence A. Weinbach
                                               Chairman, President and
                                               Chief Executive Officer


                              POWER OF ATTORNEY

     Each person whose individual signature appears below hereby authorizes
Janet Brutschea Haugen, Nancy Straus Sundheim and Lawrence A. Weinbach,
and each of them, with full power of substitution and full power to act
without the other, his or her true and lawful attorney-in-fact and agent in
his or her name, place and stead, to execute in the name and on behalf of
such person, individually and in each capacity stated below, any and all
amendments (including post-effective amendments) to this Registration
Statement and all documents relating thereto, and to file the same, with all
exhibits thereto and other documents in connection therewith, with the
Securities and Exchange Commission, and generally to do all such things in his
or her name and on his or her behalf in his or her respective capacities as
officers or directors of Unisys Corporation to comply with the provisions of the
Securities Act of 1933, as amended, and all requirements of the Securities and
Exchange Commission.


     Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities indicated on February 18, 2003.


Signature                                                Title
---------                                                -----

/s/ Lawrence A. Weinbach                     Chairman, President and Chief
-------------------------                    Executive Officer (principal
Lawrence A. Weinbach                         executive officer) and Director

/s/ Janet B. Haugen                          Senior Vice President and Chief
-------------------                          Financial Officer (principal
Janet B. Haugen                              financial officer)

/s/ Carol S. Sabochick                       Vice President and Corporate
----------------------                       Controller principal accounting
Carol S. Sabochick                           officer)

 8

/s/ J.P. Bolduc                              Director
---------------
J.P. Bolduc

/s/ James J. Duderstadt                      Director
------------------------
James J. Duderstadt

/s/ Henry C. Duques                          Director
-------------------
Henry C. Duques

/s/ Denise K. Fletcher                       Director
----------------------
Denise K. Fletcher

/s/ Gail D. Fosler                           Director
------------------
Gail D. Fosler

/s/ Melvin R. Goodes                         Director
--------------------
Melvin R. Goodes

/s/ Edwin A. Huston                          Director
-------------------
Edwin A. Huston

/s/ Kenneth A. Macke                         Director
--------------------
Kenneth A. Macke

/s/ Theodore E. Martin                       Director
----------------------
Theodore E. Martin






 9


                                 EXHIBIT INDEX


Exhibit
   No.
-------
   5              Opinion of Nancy Straus Sundheim, Esq. as to the legality
                  of the shares of Common Stock covered by the Registration
                  Statement

   23.1           Consent of Ernst & Young LLP, independent auditors

   23.2           Consent of counsel (included in opinion filed as Exhibit 5)

   24             Power of Attorney (included on the signature page hereof)