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Tag Archives: CSC

Weekly Roundup May 23 – May 27 2016: Merger & Acquisition Activity in GovCon Still Active & more

acquisition

May 23 – May 27 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Just when we thought GovCon was on a merger-and-acquisition hiatus, two deals have garnered our attention this week with one that has definitive effects in the public sector and a …

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Larry Prior: CSRA to Watch for ‘Strategic Opportunities’ From CSC-HPE Deal, Targets $16B in FY 2017 Bids

CSRA

Government technology services contractor CSRA (NYSE: CSRA) will observe the merger of its former parent Computer Sciences Corp. (NYSE: CSC) with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment for any potential opportunities, CSRA CEO Larry Prior told investors Wednesday. Falls Church, Virginia-based CSRA entered the market in November 2015 …

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Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

CSC logo_GovConWire

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

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Scott Miller Named FCi Federal CEO, Sharon Virts to Become Exec Chairman

Scott Miller

Scott Miller, president of FCi Federal since 2012, will serve in the additional role of CEO at the Ashburn, Virginia-based operations management and professional services contractor. FCi Federal said Monday that Miller will bring three decades of management and operations experience in the federal and commercial markets to his new position. He has managed the company’s …

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BAE Systems Awards $600M IT Outsourcing Deal to CSC

information technology

TYSONS CORNER, VA, May 19, 2016 — BAE Systems has tapped Computer Sciences Corp. (NYSE: CSC) to provide information technology services support for the former’s operations in the U.K. and Saudi Arabia under a $600 million contract, ExecutiveBiz reported Wednesday. CSC said Tuesday the IT outsourcing deal covers contact center services, physical and virtual …

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David Keffer: Long-Term View, Cultural Integration Key to CSRA’s Strategy Post-Merger

David Keffer

TYSONS CORNER, VA, March 31, 2016 — David Keffer, chief financial officer of CSRA (NYSE: CSRA), has indicated that contract recompetes and extensions are part of the company’s growth strategy as it moves forward in its first year of trading on the New York Stock Exchange, ExecutiveBiz reported Wednesday. “[A] lesson …

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Weekly Roundup Feb. 22 – Feb. 26 2016: GD’s Robotics Buy Keeps Tech M&A Wheels Turning & more

Bluefin-21

Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A …

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CSRA 3Q Earnings Above, Revenue Below Street Outlook; Larry Prior Forecasts Increased Cloud & Big Data Activity

CSRA

CSRA (NYSE: CSRA) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings that exceeded Wall Street estimates and revenue below analyst expectations for the third quarter of its 2016 fiscal year and its first financial results statement as a publicly-traded company. The federal technology …

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Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

LeidosLogo

Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Investment Firm Platinum Equity Inks Deal to Buy PAE

PAE logo

Los Angeles-based investment firm Platinum Equity has agreed to purchase Arlington, Va.-based government services contractor PAE from New York City-headquartered private equity firm Lindsay Goldberg for an undisclosed sum in a deal the parties expect to close by February 2016, the companies said Monday. Lindsay Goldberg purchased PAE for $350 …

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